4404 Clayton Avenue

Every once in a while, everything works out perfectly! Figure 8 represented the buyer of this fully leased five (5) unit, garden-style apartment building in prime Los Feliz. Our client reached out to us needing to make a 1031 exchange, so we went to work looking for the best possible deal for them. With our expertise in multi-units, we were able to quickly source, analyze, and secure this great 5-unit property blocks away from Hillhurst and Sunset Blvd. Built in 1923, each unit provides a spacious one-bedroom layout, as well as coveted outdoor space. Conveniently situated, this property is within walking distance to amazing shops, restaurants, and attractions in Los Feliz, Silver Lake, and East Hollywood, including the famed Vista Theatre and Children’s Hospital LA. The real beauty of this property is that it has so much room to grow in value, so the new owner’s investment will continue to increase in leaps and bounds. With our guidance, our client was able to fully facilitate their exchange within a 45-day escrow, with the added bonus of closing their new property at $109K+ under asking price.⁠