14 Units | East Los Angeles
Transaction Highlights
Investment Highlights
- ANOTHER RECORD BREAKING SALE REPRESENTED BY SHANT SHERBETDJIAN
- Closed Escrow at 4.45% Cap Rate & 13.57 GRM on Current Rents
- HIGHEST PRICE PER UNIT APARTMENT SOLD IN EAST LOS ANGELES (INCLUDES 90022 & 90063 ZIP CODES, PRE 2015 CONSTRUCTION)
- Newer 1972 Construction | Strong In-Place Rents | Realistic Rental Upside Potential of +/- 25%
- Our In-Depth Marketing Campaign Procured a Seasoned Investor who Delivered us a Clean Offer with Minimal Contingency Terms
- Shant Sherbetdjian Negotiated for Buyer to pay Seller's Escrow Fee | All-Cash Transaction