3811 Monterey Road | Los Angeles, CA 90032

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just CLOSED!

SALE PRICE: $709,000

The Hirth Group is pleased to announce the sale of 3811 Monterey Road, Los Angeles CA 90032. Located in the highly sought after submarket of Monterey Hills, adjacent to Highland Park and Pasadena, the subject property consists of three private homes on a single lot, totaling approximately 2,375 SF of building on a 9,985 SF lot by measurement, comprising of a one bedroom + one bath, two bedroom + one bath, and a three bedroom + two bath.
 
Alex Reyhan and Daniel Hirth represented both the buyer and seller on this transaction. The subject property was on the market pre-covid for nearly a year with another brokerage with no success in closing due to the discrepancy in SF on title of 1,436 SF. The Hirth Group was able to negotiate through the hurdles and generate multiple offers and lead to a successful close due to our marketing campaign, experience, and dominance in commercial real estate.

 

THREE STAND ALONE UNITS | MONTEREY HILLS

contact

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Alex Reyhan

Vice President

310.300.3181 Direct

Alex@HirthGroup.com

License CA: 02005428

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Daniel Hirth

Managing Director

310.300.2838 Direct

Daniel@HirthGroup.com

License CA: 01515796

The sale

$494 Price Per SF
$236,333 / Unit
Three Private Homes on a Single Lot
CAP / Pro Forma: 4.07% / 7.03%
14 Day DD / 30 Day Close

GET IN TOUCH:

NEVER MISS A LISTING:

Tel: 310-300-2838

daniel@hirthgroup.com

2701 Ocean Park Blvd #140

Santa Monica, CA 90405

© 2020 by THE HIRTH GROUP

KW Commercial Santa Monica CA DRE 01499010