Sam Yadegar Acquires Los Angeles Multifamily For $31.7M From Seller Astani Enterprises

Located at 10751 Rose Avenue in Los Angeles, this multifamily property was recently sold in a closed transaction. The property consists of 118 units, with a sale price of $31,700,000, resulting in an average price per unit of $268,644. The buyer of the property was Sam Yadegar, while the seller was Astani Enterprises, represented by Sonny Astani. The transaction was facilitated by broker Blake Rogers from Walker & Dunlop.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $31,700,000
• Address: 10751 Rose Avenue, Los Angeles
• Market: Los Angeles
• Units: 118
• Price per Unit: $268,644

JPMorgan Chase & Co. served as the lender for this transaction. The lending team, known as Team Leslie, included Todd Leslie, Kyle Schneekluth, and Bryant Smith.

This sale represents a significant transaction in the Los Angeles market, showcasing the strong demand for multifamily properties in the area. By providing properties with a consistent income stream from multiple units, multifamily assets continue to be attractive investments in thriving markets like Los Angeles.