Sale Price: $2,750,000
2168 Allesandro St was a fantastic transaction! We worked with an investor that we had spent a lot of time building a solid relationship with. He prefers deals in the Echo Park, Silver Lake, and Los Feliz market. For any of you who are familiar with these markets.. you know that inventory is very hard to find. We were lucky enough to get in touch with an owner who was actually looking to sell this building. We knew exactly who to call! The previous owner hadn't done the best job keeping the building clean and wasn't going after the right type of tenants. Our new investor came in, painted the building, and started bringing in the hipsters! This asset is only getting more and more valuable sitting in a prime area of Echo Park. The area continues to develop and our investor is very thrilled we could find this deal for him.