Recent Sold Properties

MVP Commercial prides itself in professionalism, commitment to our clients and expert knowledge of investment real estate. We believe that it is these certain qualities that allow us to provide the best services to our clients. We are in the business of selling multi-family buildings and believe our experience over the years, our dedication to finding the right buyer for your investment property, and our close client relationship is what has allowed us to become successful in what we do.


2611 Vallejo St

Sold Price: $2,300,000

Units: 17

 5.55% CAP | 10.75 GRM

 $135,294 per Unit | $258 per SF

 Unit Mix 1 (3BR + 2BA SFR) & 1 (2BR + 1 BA) & 7 (1BR + 1BA) & 8 (Studio) Units

 8,916 SF of Living Area | 7,450 SF

 

1455 Ridge Way

Sold Price: $1,200,000

Units: 4

 Sold for 100% of List Price

 Prime Angelino Heights Location

 3.64% CAP | 16.46 GRM

 $300,000 per Unit | $357 per SF

 Strong Rental Upside

2600 Michigan Ave – Los Angeles

Sold Price: $875,000

Units: 5

 Sold for 100% of List Price!

 $170,000 per Unit | $194 per SF

 4.26% CAP | 14.47 GRM

 Unit Mix: 4 (2BR + 1BA) & 1 (3BR + 1BA) Units

 Tremendous Rental Upside

221 S Avenue 19 – Los Angeles

Sold Price: $1,250,000

Units: 8

 5.56% CAP | 11.89 GRM

 Received Multiple Offers within 7 Days of Marketing

 Huge Rental Upside

 Separately Metered: Gas & Electricity

 8 On-Site Parking Spaces

701 E Broadway – Glendale Hotel

Sold Price: $10,902,000

Units: 76 + 9 Retail

 Over 20 offers

 Historic Glendale Hotel

 Sold $1MM Over List Price!

 

 

537 S Gramercy Pl. – Koreatown

Sold Price: $2,750,000

Units: 16

 $171,875 Per Unit | $315 Per Square Foot

 16.71 GRM | 3.54% Cap Rate

 Procured Non-Contigent Buyer during Marketing

 8(1BR+1BA) + 8(Studios)

 Assisted Buyer & Seller with Successful 1031 Tax Deferred Exch