Iconic Investments is pleased to announce the sale of 743 N. Occidental Blvd., a turn-key 5-unit apartment building in Silver Lake.
SALE DETAILS:
Sometimes it only takes 1! Most of our listings have multiple tours and buyers, but with Occidental it was just 1. We had one property tour and one offer. The Buyer lives in Wisconsin and sold a rental house in Los Angeles - Occidental was the upleg for their 1031 exchange.
Sold for $2,715,000
$543,000 Per Unit
$669 Per Square Foot
12.35 GRM
All Rents at Market
60-Day COE
Iconic hit it out of the park with Occidental!!! At $543k per unit & $669 per square foot, we found the needle in the haystack Buyer who paid top dollar!
