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5952-5960 Benner St

5952 Benner St, Los Angeles, CA 90042, USA

$3,900,000

CLOSED

June 29, 2025

SALE PRICE

$3,900,000

UNITS

14

PRICE PER UNIT

$278,571

PRICE PER SF

$397.76

CAP RATE

6.86%

GRM

10.43

Deal Story

Selling Agent

The Tuvia Group successfully closed 5952–5960 Benner Street, a Highland Park multifamily property, for $3.9 million, achieving over $278,000 per unit and $397 per square foot. The transaction represented the second-highest price per unit for an RSO multifamily sale in Highland Park in 2025. Despite original electrical systems and proximity to the 110 Freeway, the property attracted a motivated 1031 exchange buyer with nearby holdings, allowing the seller, a Canadian investment fund, to successfully exit the California market.

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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