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6179 Allston St

6179 Allston St, East Los Angeles, CA 90022, USA

$1,025,000

CLOSED

May 8, 2025

SALE PRICE

$1,025,000

UNITS

5

PRICE PER UNIT

$205,000

PRICE PER SF

$309.29

CAP RATE

4.50%

GRM

13.45

Deal Story

Selling Agent

Kian Maronde and Jason Tuvia successfully completed the off-market sale of 6179 Allston Street, a five-unit multifamily property in East Los Angeles, after 56 years of family ownership. The property had previously been listed with another agent but was pulled from the market following limited activity. Leveraging a buyer from a nearby transaction, the team secured a deal after just 24 hours of negotiations and closed within 30 days. The buyer plans to replace the existing garages with two ADUs, while the seller will exchange into an asset closer to their new home.

Jason Tuvia

Senior Managing Director Investments

818-212-2735

Kian Maronde

Associate Director Investments

(818) 212-2651

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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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