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.


1325 Cabrillo Ave – VENICE

Sold Price: $3,826,000

Units: 12

 Sold 20% Above List Price

 7,667 SF Lot, Zoned RD1.5 sold for $499/Lot SF

 2.76% CAP | 19.97 GRM | $318,000/Unit | $759/SF

 5 Offers within Two Weeks of Marketing

 

1108 E Wilson Ave – GLENDALE

Sold Price: $3,500,000

Units: 10

 SOLD FOR $275,000 OVER LIST PRICE!

 Received 18 Offers within 2 Weeks of Marketing

 3.03% Cap Rate & 19.44 GRM!

 9 (2BR/1.75BA) + 1(3BR/3BA)

 

2771 San Marino St – Los Angeles

Sold Price: $1,850,000

Units: 12

 Turnkey Investment with Upside in Koreatown

 Seller Stated 100% Copper Plumbing | New Roof in 2012

 4.77% CAP Rate & 12.90 GRM

 4 (Studios) + 8 (1 Bedroom / 1 Bath) Units

 

8615 Whittier Blvd – PICO RIVERA

Sold Price: $4,030,000

Units: 81

 Tremendous Value Add Opportunity

 $49,753 per Unit | $140 per SqFt

 Red-Tagged Building delivered 100% Vacant at Close of Escrow

 $86 per Lot SqFt

 

417 W Los Feliz – Glendale

Sold Price: $5,250,000

Units: 34

 Non-Rent Controlled Property with Immediate Rental Upside

 $154,412 per Unit | $306 per Rentable Square Foot

 34 On-Site Parking Stalls

 Potential Mixed-Use Development Opportunity

 

837 S Normandie Ave – Los Angeles

Sold Price: $2,200,000

Units: 16

 Prime Koreatown Location

 All 1 Bedroom / 1 Bath Units

 10.80 GRM | 5.25% Cap Rate

 Bread and Butter Cash Flow Opportunity