Sean Daneshgar Acquires Utama Royale Multifamily Complex Near Beverly Hills For $28M
California
See Similar DealsSean Daneshgar Acquires Utama Royale Multifamily Complex Near Beverly Hills For $28M
10351 Wilshire Boulevard
See Similar DealsSummary
The property involved in the transaction is Utama Royale, an 18-unit luxury apartment complex located at 10351 Wilshire Boulevard in Los Angeles. The sale price of the asset was $28,000,000, with a price per unit of $1,555,556. The upscale amenities and prime location near The Los Angeles Country Club and Rodeo Drive were highlighted by CBRE, the seller's representative, in the deal.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $28,000,000
- Units: 18
- Address: 10351 Wilshire Boulevard, Los Angeles
- Market: Los Angeles
- Buyer: Sean Daneshgar
- Seller: Devonshire Delaware
- Brokers: Kamran Paydar, Laurie Lustig-Bower - CBRE; Barbara Duskin - Carolwood Estates
Sean Daneshgar purchased the luxury apartment complex from Devonshire Delaware. The brokers involved in the deal were Kamran Paydar and Laurie Lustig-Bower from CBRE, along with Barbara Duskin from Carolwood Estates. The property's proximity to The Los Angeles Country Club and Rodeo Drive added significant value to the transaction.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
