3278-84 Casitas Ave

The Tuvia Group closed 3278–84 Casitas Avenue, a seven-unit multifamily property in Atwater Village, achieving the highest price per square foot ever recorded for an Atwater Village multifamily sale while also exceeding $310,000 per unit. Despite below-market rents, smaller unit sizes, deferred maintenance, and uncertainty surrounding the November election, the team negotiated a quick close with a local private investor. The transaction allowed the out-of-state seller to unlock their equity and pursue a 1031 exchange into a higher-cash-flow, single-tenant triple-net investment.