Lee & Associates-LA North/Ventura Transacts $2.7 MM Multifamily Sale in North Hollywood

NORTH HOLLYWOOD, CA Berzack Investment Property Advisors, a multifamily specialty group of Lee & Associates-LA North/Ventura, has sold a 23-unit multifamily property at 6859 Laurel Canyon Blvd. in North Hollywood for $2,700,000.

Warren Berzack, a principal of Lee & Associates, represented the buyer, Lurel LLC, and seller, Anthony Mersola, Jr., with Lee Principal Stephen Geiger.

The non-rent-controlled property features 23, one-bedroom, one-bath units with gated parking and an onsite laundry. It was constructed in 1984.

About Lee & Associates - LA North/Ventura, Inc.: Celebrating more than 35 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in the country with 51 locations across the nation including California, Arizona, Colorado, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Maryland, Michigan, Missouri, Nevada, New Jersey, New York, Ohio, South Carolina, Texas, and Wisconsin. With almost 800 brokers nationwide, Lee & Associates provides a wide range of specialized commercial real estate services on a local, regional and national level. Additional information can be found at http://www.lee-associates.com. You can also follow us on Facebook, LinkedIn and Twitter. Lee & Associates-LA North/Ventura, Inc., a member of the Lee & Associates group of companies, provides industrial, office, retail and multifamily/investment brokerage services across the San Fernando Valley, Conejo Valley, Antelope Valley and throughout Ventura County.  Lee & Associates’ clients enjoy a comprehensive range of commercial real estate services including: sales and leasing; real estate investment consulting, property acquisition, disposition and 1031 exchange transactions; tenant representation and relocation, land assemblage, site selection, mixed-use and urban in-fill, property and portfolio evaluation and market research. Founded in Sherman Oaks in 1994, Lee & Associates-LA North/Ventura now operates four California offices including Calabasas, Ventura County and Antelope Valley. For more information, contact us at 818.986.9800.

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