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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 beco
•schedule1 min read•Source: Connect CRE
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 ownership for more than two decades,” said Sam Liberow, senior managing director investments. “After 23 years of ownership, the offering generated six competitive offers, ...
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