The following case study describes our process selling our recently closed property at 1112 Elden Avenue, Los Angeles, CA 90006.
Kingside Investment Group of Keller Williams Downtown Los Angeles is proud to announce the successful closing of the value-add opportunity located at 1112 Elden Avenue.
Despite the market being the softest we have seen in our 10-year career, the sale of 1112 Elden Avenue received a ton of interest from the real estate community. Because there were multiple units vacant, we were able to conduct close to twenty individual tours and procure nine offers from those marketing efforts. In the end, the seller chose to move forward with a buyer that offered a completely non—contingent offer that closed escrow in less than three weeks.
The sale of 1112 Elden Avenue was a part of a larger real estate portfolio that sold to one buyer in a seamless and efficient manner. This is the third portfolio sale of apartments in less than 12 months. We would love the opportunity to demonstrate to you how we can be a resource for you. If you have an interest in a free evaluation or have any questions about anything commercial real estate related, don’t hesitate to give us a call or send us an email.