Ray Rodriguez



SOLD: Ray Rodriguez closes two transactions in one month totaling $4,665,000

(08/2014) Los Angeles, Calif. – A 5,046-square-foot multifamily property in Van Nuys has sold for $1,070,000. Ray Rodriguez and Mathew Freedman of KW Commercial exclusively represented the buyer in the successful close of this 8-unit property.

The property is situated with easy access off the 405 and 101 Freeways. It is in close proximity to Sherman Oaks Park, and LAVC. The multifamily property holds a solid unit mix of one 2-bedroom and 2-bathrooms and seven 1-bedrooms and 1-bathroom. It offers a true value-add opportunity with rents well below market and being a non-rent controlled building. Rodriguez and Freedman secured a buyer within days at 93 percent of the list price. The seller, a residential real estate broker and sales manager, had fallen out of contract several times with agents from his own office until one of his associates referred him to the AptBldgTrader Team.


(08/2014) North Hollywood, Calif.  – A 20,132-square-foot multifamily property in North Hollywood has sold for $3,595,000. Ray Rodriguez of KW Commercial exclusively represented the seller and buyer in the successful close of this 26-unit property.

The property is situated just below Sherman Way, adjacent to a variety of supermarkets, restaurants and minutes from the 170 Freeway. It has great potential for rental upside and offers residents on-site laundry, gated parking and a pool. The property generated several offers and put it under contract, closing escrow at 100 percent of list price.

“Our goal was to assist the owner with the sale of her down-leg property and help her to exchange into a less management-intensive property in Santa Monica," says Rodriguez.