DEAL OF THE DAY: West Hollywood Multifamily Property Sells for $1.58M
January 24, 2008
West Hollywood, Calif.–The Charles Dunn Company, a partner of GVA Worldwide, negotiated the purchase and sale of a 6,678-sq.-ft. apartment building located at 521 North Orlando Ave., in West Hollywood, Calif. An undisclosed buyer purchased the building for over $1.58 million. The two-story apartment building has nine units and is 100 percent occupied. “The building…
West Hollywood, Calif.–The Charles Dunn Company, a partner of GVA Worldwide, negotiated the purchase and sale of a 6,678-sq.-ft. apartment building located at 521 North Orlando Ave., in West Hollywood, Calif. An undisclosed buyer purchased the building for over $1.58 million. The two-story apartment building has nine units and is 100 percent occupied. “The building is located in a prime part of West Hollywood, just blocks away from the world renowned, Melrose Place,” says David Eitches, director of investment services group in the West Los Angeles office of Charles Dunn. “The buyer capitalized on the low price and key location of the building.”
