605 San Vicente Blvd

30-Unit Trophy on San Vicente. Third Time's the Charm.

The original partners built this building in the early '70s. Over the decades it passed down to siblings, and eventually the partnership needed to part ways. The property had been listed twice before with other brokers. Both times, no deal. After the second listing expired, we brought a buyer at the point where the sellers were finally ready and willing to make it happen. Thirty units on San Vicente, $500K per door, closed smoothly in a tough market. The sellers were very happy. Sometimes it just takes the right broker at the right moment.

Transaction Highlights

• Originally built by the sellers' family in the early 1970s
• Listed twice before with other brokers. No sale either time.
• We brought the buyer after the second listing expired
• $500K per unit. 30 units on San Vicente. Closed smooth in a tough market.