501 N Avenue 50

The Tuvia Group successfully closed an 11-unit Highland Park multifamily property for $1,750,000 all cash, representing both the buyer and seller. The team aligned a long-term owner ready to exit and retire with an active local investor seeking a value-add opportunity in Highland Park. The all-cash structure provided certainty of execution, with the transaction closing without a price renegotiation during escrow. The buyer plans to further enhance the property's long-term value through the potential addition of up to five ADUs, while the sale allowed the seller to successfully cash out after years of ownership.