SOLD
Standard Communities Acquires Multifamily Property In Los Angeles From Jefferson Southgate For $130M
10930 Garfield Avenue
MultiFamily
250,000 SF
250,000 SF
Summary
Sale
CALIFORNIA
MultiFamily
250,000 sqft
The multifamily property located at 10930 Garfield Ave in Los Angeles has been sold. The transaction took place on May 20, 2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $130,000,000
- Units: 244
- Price Per Unit: $532,786
- Square Feet: 2,500,000
- Price Per Square Foot: $52
The buyer of the property is Standard Communities, while the seller is Jefferson Southgate. The deal was facilitated by brokers Dean Zander and Stew Weston from CBRE.
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Details
SOLD
IMAGE: Dean Zander & Stew Weston
DATE: 05/20/2022
ADDRESS: 10930 Garfield Ave.
MARKET: Los Angeles
ASSET TYPE: Multifamily
BUYER: Standard Communities
SELLER: Jefferson Southgate
BROKERS: Dean Zander (@Deanzzz) & Stew Weston (@StewWeston) - CBRE (@CBRE)
SALE PRICE: $130,000,000
UNITS: 244 ~ PPU: $532,786
SF: 2,500,000 ~ PPSF: $52View on map
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Address10930 Garfield Avenue
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