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4014 Effie St

4014 Effie St, Los Angeles, CA 90029, USA

$1,690,000

CLOSED

June 19, 2024

SALE PRICE

$1,690,000

UNITS

3

PRICE PER UNIT

$563,333

PRICE PER SF

$851.39

CAP RATE

5.24%

GRM

14.01

Deal Story

Selling Agent

The Tuvia Group leveraged its deep Silver Lake and Eastside buyer network to generate multiple offers within days despite a challenging market environment. By reaching more than 3,000 local buyers, the team placed the property under contract in less than one week and ultimately secured a local all-cash buyer at above the listing price. The closing represented the highest sale price for a 3–4 unit property across Silver Lake and Echo Park in 2024 as of June, demonstrating the value of targeted local market exposure.

Jason Tuvia

Senior Managing Director Investments

(818) 212-2735

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818-212-2735

Marcus & Millichap

16830 Ventura Blvd #100

Encino, CA 91346

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License

#01772495

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