facebook
Traded Co logo
Submit a Deal

Sagiv Rosano Acquires 37-Unit Multifamily Property On S. Lake Street In Westlake For $5.36M

1214 South Lake Street
PointingArrow
ShareContact

This MultiFamily property located in CA was sold for $5,360,000 over 2 years ago. The brokers of the deal were Neema Ahadian and Leonardo (Leo) Laterza

The multifamily property located at 1214 S. Lake Street in Westlake has been sold in a closed transaction. The property consists of 37 units with a total square footage of 20,460. The sale price for this transaction was $5,360,000, resulting in a price per unit of $144,864 and a price per square foot of $261. The deal was closed with a capitalization rate (CAP) of 4.04%.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $5,360,000
  • Address: 1214 S. Lake Street
  • Market: Westlake
  • Units: 37
  • Price per Unit: $144,864
  • Square Footage: 20,460
  • Price per Square Foot: $261
  • Capitalization Rate (CAP): 4.04%

The buyer for this transaction is Sagiv Rosano, while the seller is Peter Larsen. The deal was facilitated by brokers Neema Ahadian and Leo Laterza.

View Related

Deals
  • Location
    1214 South Lake Street, Central LA, Los Angeles, CA, USA1214 South Lake Street, Central LA, Los Angeles, CA, USA
  • Sale Price
    $5,360,000$5,360,000
    $262 PPSF$262 PPSF
  • Area
    20,460 SF20,460 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Neema Ahadian

Neema Ahadian

Deals59
Sold$526.5M

Agency

Marcus & Millichap

Marcus & Millichap

Agency
Deals6999
Volume$66B

Social

Deal Summary

SALE IMAGE: Neema Ahadian & Leo Laterza DATE: 07/16/2021 ADDRESS: 1214 S. Lake Street MARKET: Westlake ASSET TYPE: Multifamily BUYER: Sagiv Rosano SELLER: Peter Larsen BROKERS: Neema Ahadian (@TheNeemaGroup) & Leo Laterza(@LeoTheRainMaker) SALE PRICE: $5,360,000 UNITS: 37 ~ PPU: $144,864 SF: 20,460 ~ PPSF: $261 CAP: 4.04%

Comparables


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

Contact

Broker's profile image

1214 South Lake Street

  • Social

  • Comparables

  • Contact

  • Share


  • Login to Suggest Edits