Lee & Associates-LA North/Ventura Transacts $2.7 MM Multifamily Sale in North Hollywood
Non-rent-controlled property trades to a private investor
NORTH HOLLYWOOD, CA – Dec. 16, 2014 – Berzack Investment Property Advisors, a multifamily specialty group of Lee & Associates-LA North/Ventura, has sold a 23-unit multifamily property at 6859 Laurel Canyon Blvd. in North Hollywood for $2,700,000.
Warren Berzack, a principal of Lee & Associates, represented the buyer, Lurel LLC, and seller, Anthony Mersola, Jr., with Lee Principal Stephen Geiger.
The non-rent-controlled property features 23, one-bedroom, one-bath units with gated parking and an onsite laundry. It was constructed in 1984.