Success Stories

closing price of $5,000 above the listing price

August 23, 2019


OPPORTUNITY

6938 Coldwater Canyon is value-add rent-controlled apartment building in North Hollywood, CA. The building was built in 1964 and has a superior unit mix comprised of 4 one-bedroom units and 6 two-bedroom units.  The challenge for Transwestern was to sell the property at an above-market price despite a great deal of deferred maintenance, a soft-story retrofit requirement and current rents at almost 50% below market.

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John Swartz

Senior Vice President

Los Angeles, California

(213) 430-2526

Josh Kaplan

Senior Vice President

Los Angeles, California

(213) 430-2538