SOLD
Rose Affordable Housing Acquires Multifamily Property In Los Angeles For $223M
1141 North Fairoaks Avenue
MultiFamily
313,712,460 SF
313,712,460 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
MultiFamily
313,712,460 sqft
The multifamily property located at 1141 North Fairoaks Avenue in Los Angeles has been sold for a total price of $223,000,000. The transaction took place on November 15, 2021. The property consists of 313 units, with an average price per unit of $712,460. It spans a total area of 320,420 square feet, resulting in a price per square foot of $695.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $223,000,000
- Units: 313
- Price per Unit: $712,460
- Square Footage: 320,420
- Price per Square Foot: $695
- Address: 1141 North Fairoaks Avenue, Los Angeles
- Market: Los Angeles
The buyer of the property is Nathan Taft, representing Rose Affordable Housing. The seller is Austin Herzog, who owns Pasadena Villages. The deal was facilitated by the brokers Dean Zander, Stew Weston, Jeff Kunitz, and Mike Canori.
Players
All
5
Agents
4
Agencies
1
Details
SOLD
IMAGE: Stew Weston, Dean Zander, Jeff Kunitz & Mike Canori
DATE: 11/15/2021
ADDRESS: 1141 North Fairoaks Avenue
MARKET: Los Angeles
ASSET TYPE: Multifamily
BUYER: Nathan Taft, Rose Affordable Housing
SELLER: Austin Herzog, Pasadena Villages
BROKERS: Dean Zander (@Deanzzz1), Stew Weston(@StewWeston), Jeff Kunitz & Mike Canori
SALE PRICE: $223,000,000
UNITS: 313 ~ PPU: $712,460
SF: 320,420 ~ PPSF: $695View on map
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Address1141 North Fairoaks Avenue
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