SOLD
Schon Tepler Group Sells 26-Unit Multifamily In Hollywood For $13M
552 North Hobart Boulevard
MultiFamily
27,153 SF
27,153 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
MultiFamily
27,153 sqft
The multifamily property located at 552 N. Hobart Blvd. in Hollywood has been sold for a price of $13,000,000. The transaction was completed on 01/03/2022. The property consists of 26 units, with an average price per unit of $500,000. The total square footage of the property is 27,153, resulting in a price per square foot of $478.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $13,000,000
- Units: 26
- Price per Unit: $500,000
- Square Footage: 27,153
- Price per Square Foot: $478
- Address: 552 N. Hobart Blvd.
- Market: Hollywood
The Schon Tepler Group, represented by Artem Tepler and Paul Schon, acted as the sellers in this transaction. The buyer's representation was provided by Tony Azzi and Jennifer Sotelo from Marcus & Millichap.
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Details
SOLD
IMAGE: Paul Schon & Artem Tepler
DATE: 01/03/2022
ADDRESS: 552 N. Hobart Blvd.
MARKET: Hollywood
ASSET TYPE: Multifamily
SELLER: Schon Tepler Group (@STLivingLA) - Artem Tepler (@ArtemTepler) & Paul Schon (@PaulSchon1)
BUYER’S REP: Tony Azzi (@The_Azzigroup) & Jennifer Sotelo (@JenjoySo) - Marcus & Millichap
SALE PRICE: $13,000,000
UNITS: 26 ~ PPU: $500,000
SF: 27,153 ~ PPSF: $478View on map
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Address552 North Hobart Boulevard
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