|
CHARLES DUNN COMPANY SOLD WEST HOLLYWOOD
MULITIFAMILY BUILDING FOR $1 MILLION
Charles Dunn Company, a full-service California based commercial real estate firm, has sold a 7,860 SF multifamily building from C. Patton Investments, LLC to F&S Partnership III for $1 million. The ten unit building is located at 1218 N. Larrabee Street in West Hollywood, Calif.
Charles Dunn Company, a full-service California based commercial real estate firm, has sold a 7,860 SF multifamily building from C. Patton Investments, LLC to F&S Partnership III for $1 million. The ten unit building is located at 1218 N. Larrabee Street in West Hollywood, Calif.
Albert Shilton, senior managing director of investment properties at Charles Dunns West LA office and Susan Harris, Sales Associate, represented the buyer, F&S Partnership Inc. The seller, C. Patton Investments, LLC, was represented by Charles Patton.
The property not only had substantial upside potential, but contained two vacancies at the close of escrow," said Shilton. These vacant units offered the buyer the immediate opportunity to move 20% of the building income to market."
Charles Dunn Company is one of the largest full service brokerage and property management firms on the West Coast. Since its founding in 1921, Charles Dunn Company has been helping thousands of companies and individuals with a full complement of real estate services. The California-based company offers comprehensive brokerage, property and asset
management, corporate and construction advisory as well as financial services to tenants, owners, investors and developers. Charles Dunn Company maintains offices in downtown Los Angeles, West Los Angeles, Seal Beach, Sacramento, San Diego, San Fernando Valley, San Francisco, Orange County and Phoenix. For more information, visit www.charlesdunn.com
- end -
Contact:
Vanessa Amin
vamin@hoytorg.com
|