Marcus & Millichap Los Angeles

New on the Market 🔑 540 Orlando Ave features a unit mix of five one-bedrooms, 11 two-bedrooms, and one three-bedroom with 18 gated parking spaces. One of the one-bedrooms, plus the one-bedroom ADU, will be delivered vacant at the close of escrow. The ADU has been built and is waiting for final inspection. 📍 540 Orlando Ave., West Hollywood, CA 90048 Opportunity for an investor to purchase a value-add asset in a premier location with below-market rents and implement an interior renovation strategy to achieve market rents as units turn and capture over 27% rental upside. 💼 Brokers Neema Ahadian and Jeffrey Estrada representing the seller. 📲

JUST SOLD | 6 Units in South LA | Partnership Buyout Leveraged by SR Group Marketing Campaign The SR Group facilitated a partnership buyout by executing a formal marketing process that generated multiple offers, ultimately leading to a successful partnership buyout.

New on the Market 🔑 Prime Beverly Hills location at Wilshire Blvd & San Vicente Blvd. Owner-User or Investment Opportunity | Private Rooftop Terrace | 65 Parking Spaces | Significant Billboard Income 8200 Wilshire Blvd, a 27,565 SF creative office building at a prime intersection. Two floors are available immediately, with month-to-month tenants on the second and third floors, and a five-year lease on the fourth floor that can be terminated in two years. The building generates $586,000 annually from a billboard, with additional income from mailboxes, a cell tower, room rentals, valet services, and expense reimbursements. The city permits two more 20’ x 20’ signs. Assumable financing available: $16.75 MM principal loan at 4.80% interest, non-recourse, maturing June 2029. 💼 Exclusively listed by Neema Ahadian 📲 Contact us to learn more at (213) 797-2290. #TheNeemaGroup #LosAngeles #MarcusandMillichap #BuyLA #CRE #LACommercialRealEstate #Billboard #AssumableFinancing

This was a fun one! After 40 years of ownership, our team represented the seller of a rent-controlled West Hollywood apartment building, navigating challenges from a litigious tenant and multifamily policy changes in Los Angeles. Following a successful close of the downleg, our team assisted the client in identifying a net lease property in a prime Mesa, AZ location. The property boasts a long-term lease to The Habit Burger, backed by a major publicly traded company. Ultimately, our client's cash flow increased by 59%, supported by 10% rent increases every five years to hedge against inflation. Moreover, management responsibilities were significantly reduced. By transitioning from California landlordship, we successfully guided our client through the entire 1031 exchange process, achieving their goal of enhancing cash flow through a long-term investment strategy. Neema Ahadian Jeffrey Estrada

JUST SOLD | 16 Units in South LA The SR Group is pleased to announce the closing of 6417 South Vermont Avenue, a 16-unit apartment community located in south Los Angeles, sold along with the adjacent parcel used as a parking lot. This deal offers significant value-add potential. We represented both the buyer and seller in this off-market transaction. If you missed out on this amazing investment opportunity, be sure to contact us at 310.513.3144 or Sean.Rosenzweig@marcusmillichap.com to discuss other similar properties we have available.

Recently funded! I am excited to share that my team has been actively involved in car wash and gas station convenience store placements. Our latest success story is a refinance in South Carolina involving a Tidal Wave Auto Spa tenant. This deal presented numerous challenges, but we skillfully navigated a maturing loan (amongst other things) and replaced it with new permanent financing.

Just Closed! 🔐 6518-6522 San Fernando Rd in Glendale Represented both the buyer and seller in the sale of this multi-tenant retail strip center on a heavily trafficked thoroughfare. 🔹 Negotiated a short due diligence period and closing with an all-cash buyer. 🔹 Closed on time with the first buyer, going under contract once. 🔹 Achieved 100% of our originally proposed pricing. #Broker Neema Ahadian 💼 Click the link in our bio to discuss your investment goals. 📲 #TheNeemaGroup #MarcusandMillichap #RealEstateSuccess #ClosingDeal #MultiTenant #LosAngelesInvestment #JustClosed #RetailStrip