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Brennen Hakimian Acquires Development Site In Westwood From Temkin Family For $5.6M

Property Image
SOLD
$5,600,000
Michael Monempour
BH
TF

California

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Development Site36,000 SF
Sold 02/11/2021
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Property Image
SOLD

Brennen Hakimian Acquires Development Site In Westwood From Temkin Family For $5.6M

1505 Veteran Avenue, Los Angeles, CA, USA

See Similar Deals
Development Site36,000 SF
Sold 02/11/2021
Michael Monempour
BH
TF
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:Development Site
Price Per Square Foot:$155
Total Square Footage:36,000 SF
Transaction Type:Sale

A development site located at 1505 - 1515 Veteran Ave. in Westwood has been sold for a total of $5,600,000. The transaction took place on February 11, 2021. The buyer of the property is Brennen Hakimian, while the seller is the Temkin Family. The broker representing the deal is Michael Monempour. The property is zoned as R3-1 and has a building square footage (BSF) of 36,000, resulting in a price per building square footage (PPBSF) of $155.

Summary of transation details

  • Property Type: Development Site
  • Transaction Amount: $5,600,000
  • Address: 1505 - 1515 Veteran Ave.
  • Market: Westwood
  • Buyer: Brennen Hakimian
  • Seller: Temkin Family
  • Broker: Michael Monempour
  • Zoning: R3-1
  • BSF: 36,000
  • PPBSF: $155

Brennen Hakimian was the buyer in this transaction, while the seller was the Temkin Family. The deal was facilitated by the broker Michael Monempour.

Players

Michael Monempour
Lyon Stahl Investment Real Estate
Michael Monempour
85 deals$375.9M volume
BROKER
Kidder Mathews
Kidder Mathews
BROKERAGE
BH
Brennen Hakimian
6 deals$54.7M volume
BUYER
TF
Temkin Family
2 deals$9.1M volume
SELLER

Details

SOLD
IMAGE: Brennen Hakimian & Michael Monempour DATE: 02/11/2021 ADDRESS: 1505 - 1515 Veteran Ave. MARKET: Westwood ASSET TYPE: Development Site BUYER: Brennen Hakimian SELLER: Temkin Family BROKER: Michael Monempour SALE PRICE: $5,600,000 BSF: 36,000 ~ PPBSF: $155 ZONING: R3-1

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