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8997 Keith Ave
8997 Keith Ave, West Hollywood, CA 90069, USA
$1,900,000
CLOSED
July 18, 2024
SALE PRICE
$1,900,000
UNITS
4
PRICE PER UNIT
$475,000
PRICE PER SF
$743.93
CAP RATE
4.47%
GRM
15.59
Deal Story
Selling Agent
The Tuvia Group successfully coordinated a unique transaction in which existing tenants became the property’s buyers and first-time multifamily investors. Representing both sides, the team fully marketed the asset to create leverage for the seller while navigating the complexities of a tenant purchase. The transaction ultimately achieved the second-highest price per square foot in West Hollywood through July 2024, closing at a 4.47% cap rate and 15.59 GRM.

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