The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
October 23, 2018
 Search RENTV
   Go!
 Video Programs
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?



ETC... ETC...
Printer-friendly Version   Email an Associate
M West Holdings Pays Over $400k/Unit for San Pedro Bank Lofts

9/28/18

M West Holdings LLC, out of Sherman Oaks, has paid $36.3 mil for San Pedro Bank Lofts, an 89-unit ($408k/unit), loft-style multifamily property in Los Angeles’ South Bay community of San Pedro. The property, Located at 407 W. 7th St, was sold by Irvine-based Bascom Group LLC.

Built in 2007, San Pedro Bank Lofts is condominium-mapped development that incorporates the historical façade of the original Bank of San Pedro. The property is easily accessible via California State Route 110 and is less than 10 miles from downtown Long Beach, the Trump National Golf Club Los Angeles and Los Angeles Harbor College.

Units include loft-style vaulted ceilings, full HVAC, in-unit washers and dryers, ceiling fans, fireplaces, garbage disposals, granite countertops, microwaves, stainless-steel appliances and fully secure underground parking. Select units have rollup doors, arched windows and two-story vaulted ceilings. The community also offers a fitness center and private courtyards.

Jeff Rowerdink, Joe Leon, Jim Fisher and Mike Smith with Berkadia represented the seller in the deal. Rowerdink point out that San Pedro is a dynamic and emerging submarket, particularly given the ongoing investments in the area’s ports and waterfront.




Return to the previous page
 
 


 
 
 





Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2018 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media