Christina Real Estate Investors, through its private equity real estate company Christina Real Estate Investors 4, and in partnership with Silver Creek Commercial Development, acquired a fully occupied, six-unit multifamily apartment building in West Hollywood for $2.45 million.
Located at 1128 Larrabee Street, the three-story building is situated on an approximately 6,976-square-foot lot. Plans for the building include the restoration and renovation of the building to complement the partnership’s adjacent development.
Financing was provided by Christina’s latest portfolio, Christina Real Estate Investors 5 Income Builder, which is focused on the acquisition of prime, non-leveraged real estate and providing short-term, first trust deed loans to Christina-related entities.
“This property has not been on the market in nearly 40 years, further demonstrating our long-standing relationships within the real estate industry,” said Lawrence N. Taylor, founder an
