The following case study describes our process selling our recently closed property at 16504 Halldale Avenue, Gardena, CA 90247.

Deal Story

A client reached out to us whom we had listed a building a couple years ago. She had decided that because of the current baking crisis she preferred to buy multifamily; instead of leaving the money in the bank and/or alternative investment vehicles. She wanted to purchase 3-4 residential units outside of the city of Los Angeles due to rent control and the restrictive regulations.  

Over the course of a week, we submitted offers on multiple buildings, but the sellers were unwilling to meet the market or sell at a price supported by today’s market. In the end, we found a triplex that is two (2) blocks away from another asset the client owns in the real estate portfolio. We submitted a strong ALL CASH offer with a 14-day close of escrow. Our offer was accepted, and we closed ahead of schedule in less than 10 days.

In this case the client had a great idea about what she wanted and we tried our best to deliver a sellable building at an agreeable price. If you have a buying requirement for a 1031 exchange, or an acquisition we would love to help you as well.

Find out how we can help you sell you commercial real estate property. Call KingSide today.