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David Lai Acquires Hollywood Multifamily For $1.965M

7011 Fountain Avenue
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This MultiFamily property located in CA was sold for $1,965,000 over 2 years ago. The brokers of the deal were Victor Fonseca, Tyler Farrar, Jason Shenitzer, and Zac Freehling

A multifamily property located at 7011 Fountain Ave. in Hollywood has recently been sold for $1,965,000. The property consists of 6 units with a total square footage of 3,319. The sale price per unit is $327,500, and the price per square foot is $592.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,965,000
  • Units: 6 ~ PPU: $327,500
  • SF: 3,319 ~ PPSF: $592
  • Address: 7011 Fountain Ave.
  • Market: Hollywood

The buyer of the property is David Lai, while the seller is Russel Allyn. The sale was facilitated by Zac Freehling, Jason Shenitzer, and Tyler Farrar from Pacific Partners Los Angeles, and Victor Fonseca from Keller Williams Realty also played a role in the transaction.

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Deals
  • Location
    7011 Fountain Avenue, Central LA, Los Angeles, CA, USA7011 Fountain Avenue, Central LA, Los Angeles, CA, USA
  • Sale Price
    $1,965,000$1,965,000
    $592 PPSF$592 PPSF
  • Area
    3,319 SF3,319 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    4 Brokers, 2 Agencies4 Brokers, 2 Agencies

Agents

Victor Fonseca

Victor Fonseca

Deals1
Sold$2M

Jason Shenitzer

Jason Shenitzer

Deals8
Sold$101.9M

Agencies

Keller Williams

Keller Williams

Agency
Deals1208
Volume$6B

Social

Deal Summary

SALE IMAGE: Zac Freehling, Jason Shenitzer, Tyler Farrar & Victor Fonseca DATE: 10/21/2021 ADDRESS: 7011 Fountain Ave. MARKET: Hollywood ASSET TYPE: Multifamily BUYER: David Lai SELLER: Russel Allyn BROKERS: Zac Freehling, Jason Shenitzer & Tyler Farrar - Pacific Partners Los Angeles (@PacificPartnersLA); Victor Fonseca - Keller Williams Realty SALE PRICE: $1,965,000 UNITS: 6 ~ PPU: $327,500 SF: 3,319 ~ PPSF: $592

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7011 Fountain Avenue

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