Avi Shlanger Acquires Multifamily Property On Palms Blvd. In Mar Vista For $9.9M
11265-75 Palms Boulevard
25,688 SF
Summary
Located at 11265-75 Palms Blvd. in Mar Vista, this multifamily property was recently sold in a closed transaction. The sale took place on 05/02/2022 and the deal was facilitated by broker Sam Liberow from The Liberow Group at Marcus & Millichap. The property consists of 24 units with a total square footage of 25,688. The sale price for this transaction was $9,900,000, resulting in a price per unit of $412,500 and a price per square foot of $385.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $9,900,000
- Units: 24
- Price per Unit: $412,500
- Square Footage: 25,688
- Price per Square Foot: $385
- Market: Mar Vista
- Buyer: Avi Shlanger
- Seller: Jim Gortikov
- Broker: Sam Liberow (The Liberow Group) - Marcus & Millichap
This transaction showcases the successful collaboration between buyer Avi Shlanger and seller Jim Gortikov. The deal was facilitated by Sam Liberow from The Liberow Group at Marcus & Millichap. This sale highlights the demand for multifamily properties in the Mar Vista market, with a price per unit of $412,500 and a price per square foot of $385. The property's prime location, spacious square footage, and attractive sale price contribute to its appeal in the current real estate market.
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