facebook
Traded Co logo
Submit a Deal

Iowa 1 LLC Acquires Multifamily In Beverly Grove For $6.5M

8355 Blackburn Avenue
PointingArrow
ShareContact

This MultiFamily property located in CA was sold for $6,500,000 almost 4 years ago. The brokers of the deal were Tony Azzi, Jordan Asheghian, and Michael Sterman

An multifamily property located at 8355 Blackburn Avenue in Beverly Grove has been sold for a price of $6,500,000. The property consists of 21 units with a total square footage of 13,939. The price per square foot is calculated as $466.32, while the price per unit is $309,523. The deal was closed during the coronavirus pandemic without any adjustments to the price.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $6,500,000
  • Square Footage: 13,939 SF
  • Price per Square Foot: $466.32
  • Number of Units: 21
  • Price per Unit: $309,523

The buyer of the property is Iowa 1 LLC, while the seller is Bordeaux Investments. The deal was facilitated by brokers Michael Sterman, Jordan Asheghian, and Tony Azzi.

View Related

Deals
  • Location
    8355 Blackburn Ave, Los Angeles, CA 90048, USA8355 Blackburn Ave, Los Angeles, CA 90048, USA
  • Sale Price
    $6,500,000$6,500,000
    $466 PPSF$466 PPSF
  • Area
    13,939 SF13,939 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    3 Brokers, 1 Agency3 Brokers, 1 Agency

Agents

Tony Azzi

Tony Azzi

Deals41
Sold$304.4M

Agency

Marcus & Millichap

Marcus & Millichap

Agency
Deals6999
Volume$66B

Deal Summary

IMAGE: Michael Sterman, Jordan Asheghian & Tony Azzi DATE: 04/24/2020 ADDRESS: 8355 Blackburn Avenue MARKET: Beverly Grove ASSET TYPE: Multifamily BUYER: Iowa 1 LLC SELLER: Bordeaux Investments BROKERS: Michael Sterman, Jordan Asheghian, Tony Azzi PRICE: $6,500,000 SF: 13,939 PPSF: $466.32 UNITS: 21 PPU: $309,523 NOTES: Deal was closed during coronavirus with no price adjustments.

Comparables


We could not find what you were looking for, try a different filter

Contact

Broker's profile image

8355 Blackburn Avenue

  • Comparables

  • Contact

  • Share


  • Login to Suggest Edits