Delmy Hernandez Acquires Industrial Property From Victor Ghazaryan In North Hollywood For $1.835M

The asset involved in this transaction is located at 7422 Varna Avenue in North Hollywood, comprising an industrial type property. The sale price was set at $1,835,000, with a total square footage of 1,874 and a price per square foot of $979. The lot size measures 15,246 square feet, resulting in a price per square foot for land of $120.36.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $1,835,000
• Address: 7422 Varna Avenue
• Market: North Hollywood
• Buyer: Delmy Hernandez
• Seller: Victor Ghazaryan
• Buyer's Representative: Leo Khechumyan - MIG Commercial Real Estate Services
• Seller's Representatives: Hannah Zager, Ryan Rothstein-Serling & Martin Agnew - Agnew | Serling Group - Marcus & Millichap
• Square Footage: 1,874
• Price per Square Foot: $979
• Lot Size: 15,246
• Price per Square Foot (Land): $120.36

The key individuals involved in this transaction include the buyer, Delmy Hernandez, and the seller, Victor Ghazaryan. The transaction saw Leo Khechumyan representing the buyer, while the seller was represented by a team consisting of Hannah Zager, Ryan Rothstein-Serling, and Martin Agnew from Agnew | Serling Group, affiliated with Marcus & Millichap.