News
Los Angeles Multifamily

Rockpoint Group Buys East Hollywood Apartments

Boston's Rockpoint Group has picked up an East Hollywood apartment building for $34.3M.

The 94-unit property is located at 4150 Marathon St.

It was originally purchased 22 years ago by Seller SKS Trading Co. for $5M, The Real Deal reports.

The building, which has two-bedroom units, is not subject to rent control.

Pacific Partners Real Estate Investments vice president Jason Shenitzer, associate David Regalado, and founder and principal Zac Freehling repped the buyer and seller in the off-market deal.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Los Angeles Newsletters
Related Stories

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Bringing Stability And Savings To CRE Insurance Through Working Layer

Developers Riding The Surf Park Wave With Resorts, Retail And Residences

Former Arms Dealer Targeting Heartland Apartment Takeover Files For Bankruptcy

SEC Charges REIT, Its Founders With Alleged $152M Fraud Scheme

Oyster Point's Second Phase Half-Leased As Kilroy Navigates Soft Lab Demand

Miami's Condo Craze Has Developers Spending Millions On Sales Galleries

Slate, Hudson Cos. Picked To Develop Massive Queens Housing Project

Ryan Cos. Secures Permit For Austin's Sixth Street Redevelopment

Rapper Rick Ross Joins 670-Unit Miami Gardens Condo Project

Immigration Crackdowns Dealt LA Businesses A Multimillion‑Dollar Blow

How A New Financing Model Helps Spur More Mixed-Income Housing