Isaac Cohanzad Acquires 18-Unit Multifamily Property In Westwood From Todd Smith For $6.1M

10965 Rochester Avenue is a multifamily asset located in the Los Angeles market. The property features 18 units, covering a total of 13,755 square feet. The transaction was executed at a sale price of $6,100,000, resulting in a price per unit of $338,888 and a price per square foot of $443.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $6,100,000
• Units: 18
• Square Footage: 13,755
• Price Per Unit: $338,888
• Price Per Square Foot: $443
• Buyer: Isaac Cohanzad
• Seller: Todd Smith
• Broker: Ramin Gheitanchi - Keller Williams Realty

Ramin Gheitanchi of Keller Williams Commercial represented both the buyer, Isaac Cohanzad, and the seller, Todd Smith, in this transaction. The property was delivered with 6 vacant units. Gheitanchi successfully procured a non-contingent offer and facilitated the closing of escrow in less than 30 days, aligning with the seller's goal of completing the transaction before year-end.