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

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SOLD
$6,100,000

California

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MultiFamily13,755 SF
Sold 12/30/2024
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SOLD

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

10965 Rochester Avenue

See Similar Deals
MultiFamily13,755 SF
Sold 12/30/2024
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$443
Total Square Footage:13,755 SF
Transaction Type:Sale

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:

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.

Players

Ramin Gheitanchi
9 deals$37.1M volume
BROKER

Details

SOLD
IMAGE: Ramin Gheitanchi DATE: 12/30/2024 ADDRESS: 10965 Rochester Avenue MARKET: Los Angeles ASSET TYPE: Multifamily BUYER: Isaac Cohanzad SELLER: Todd Smith BROKER: Ramin Gheitanchi (@Ramini5) - Keller Williams Realty (@KellerWilliamsRealty) SALE PRICE: $6,100,000 UNITS: 18 ~ PPU: $338,888 SF: 13,755 ~ PPSF: $443 NOTE FROM BROKER: Rarely traded 18-unit trophy Westwood apartment building was listed, marketed and sold by Ramin Gheitanchi of Keller Williams Commercial. Property was delivered with 6 vacant units. Representing both Buyer and Seller, Gheitanchi was able to procure a non-contingent offer and close escrow in less than 30 days achieving Seller’s goal of closing before year end.

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