RECORD SALE
Highest Price Per Unit
Sales Price: $1,385,000
Per/Unit: $230,833
Price Per/SF: $290
CAP Rate: 5.3%
GRM: 12.35
Iconic is pleased to announce the RECORD BREAKING sale of Thirty | 43 Apartments, a 6-unit multifamily property located at 3043 Hollister Avenue in the heart of the El Sereno sub-market of Los Angeles. Situated between Downtown Los Angeles and South Pasadena, the El Sereno neighborhood is undergoing rapid growth and urbanization.
Built in 1964 and sitting on approximately 7,500 square feet of land, the 4,772 square foot property enjoys a unit mix of all 2-Bed/1-Bath units which are individually metered for both gas and electric. The property is located on a quiet residential street with mostly single-family homes.
