$1.95M
14533 Dickens St, Los Angeles
Sale Price
$1.95M
Cap Rate
4.65%
Type
O
Closed
April 2020
8 Units | Sherman Oaks | All Cash and Quick Close
The LAAA Team is proud to announce the successful sale of these 8 units located at 14533 Dickens Street in Sherman Oaks, California. Built in 1950, the offering sits on 6,970 square feet of land with 5,180 square feet of rentable area and consists of 8- one bed / one bath units.
This property was listed in the first week of April, right in the middle of the COVID-19 pandemic. With our extensive market knowledge and database of multifamily investors in Los Angeles, we were still able to secure multiple offers for the seller within the first two days of marketing. Eventually, the winning buyer was an experience, local investor who gave the seller an all cash offer with a 3 week close of escrow. The escrow went as smooth as possible even during these challenging times to get deals done.
For more information on this sale, to see more of our exclusive inventory, or to receive a complimentary pricing and 1031 exchange analysis, please give us a call today at 818-212-2808!
Closing