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Blackburn Beverly LP Acquires Multifamily In Beverly Grove For $12.1M

8403 Blackburn Avenue
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This MultiFamily property located in CA was sold for $12,100,000 almost 2 years ago. The brokers of the deal were Marc Hernandez, Scott Syme Jr, and John Swartz

The multifamily property located at 8403 Blackburn Ave. in Beverly Grove was recently sold for a sale price of $12,100,000. The property consists of 30 units, with an average price per unit of $403,333. The total square footage of the property is 28,680, resulting in a price per square foot of $421.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $12,100,000
  • Units: 30
  • Price Per Unit: $403,333
  • Square Footage: 28,680
  • Price Per Square Foot: $421
  • Market: Beverly Grove

The buyer, Blackburn Beverly LP, represented by Michael Cohanzad, acquired the property. The deal was facilitated by brokers John Swartz, Marc Hernandez, and Scott Syme from Compass.

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Deals
  • Location
    8403 Blackburn Avenue, Los Angeles, California 90048, United States8403 Blackburn Avenue, Los Angeles, California 90048, United States
  • Sale Price
    $12,100,000$12,100,000
    $421 PPSF$421 PPSF
  • Area
    28,680 SF28,680 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    3 Brokers, 1 Agency3 Brokers, 1 Agency

Agents

Scott Syme Jr

Scott Syme Jr

Deals6
Sold$29.6M

Marc Hernandez

Marc Hernandez

Deals4
Sold$22.9M

John Swartz

John Swartz

Deals13
Sold$105.9M

Agency

Compass

Compass

Agency
Deals2902
Volume$20.9B

Social

Deal Summary

SALE IMAGE: John Swartz, Marc Hernandez & Scott Syme DATE: 05/18/2022 ADDRESS: 8403 Blackburn Ave. MARKET: Beverly Grove ASSET TYPE: Multifamily BUYER: Blackburn Beverly LP - Michael Cohanzad BROKERS: John Swartz (@MultifamilyLA), Marc Hernandez (@TheMarcHernandez) & Scott Syme (@ScottSymeLA) - Compass (@Compass) SALE PRICE: $12,100,000 UNITS: 30 ~ PPU: $403,333 SF: 28,680 ~ PPSF: $421

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