Local Owner-Operator Snags Pico-Robertson Apartment Property
Marcus & Millichap closed the sale of 1476 S Shenandoah St., a 16-unit multifamily property in Los Angeles. The property sold for $5.3 million, or $334,937 per unit. “Properties like this rarely become available in Pico-Robertson, especially those that have been held by the same…
Marcus & Millichap closed the sale of 1476 S Shenandoah St., a 16-unit multifamily property in Los Angeles. The property sold for $5.3 million, or $334,937 per unit. “Properties like this rarely become available in Pico-Robertson, especially those that have been held by the same…
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Why it matters
This is a routine local real estate transaction involving a small multifamily property with no broader market or regulatory implications.
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Local Owner-Operator Snags Pico-Robertson Apartment Property
Marcus & Millichap closed the sale of 1476 S Shenandoah St., a 16-unit multifamily property in Los Angeles. The property sold for $5.3 million, or $334,937 per unit. “Properties like this rarely become available in Pico-Robertson, especially those that have been held by the same…