SOLD
Sam Liberow's The Liberow Group Brokers $5.1M Multifamily Sale In Los Angeles
7911 Blackburn Avenue
MultiFamily
9,009 SF
9,009 SF
Summary
Sale
CALIFORNIA
MultiFamily
9,009 sqft
A multifamily property located at 7911 Blackburn Ave. in Los Angeles has been sold for $5,100,000. The property consists of 16 units with an average price per unit of $318,750. The total square footage of the property is 9,009, resulting in a price per square foot of $566. The Gross Rent Multiplier (GRM) for this property is 16.42x, and the Capitalization Rate (CAP) is 3.38%.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $5,100,000
- Units: 16
- Price per Unit: $318,750
- Total Square Footage: 9,009
- Price per Square Foot: $566
- Gross Rent Multiplier (GRM): 16.42x
- Capitalization Rate (CAP): 3.38%
The sale of this multifamily property was facilitated by broker Sam Liberow from The Liberow Group.
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Details
SOLD
IMAGE: Sam Liberow
DATE: 04/30/2021
ADDRESS: 7911 Blackburn Ave.
MARKET: Los Angeles
ASSET TYPE: Multifamily
BROKER: Sam Liberow @Sam_Liberow @TheLiberowGroup
SALE PRICE: $5,100,000
UNITS: 16 ~ PPU: $318,750
SF: 9,009 ~ PPSF: $566
GRM: 16.42x
CAP: 3.38%View on map
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Address7911 Blackburn Avenue
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