Roknian Family Trust Acquires Multifamily Property On Almayo Ave In Los Angeles

The multifamily property located at 11389 Almayo Ave in Los Angeles, CA has been sold in a closed transaction. The property consists of 6 units with a total square footage of 9,292. The sale price for this transaction was $5,140,000, resulting in a price per unit of $856,667 and a price per square foot of $553.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $5,140,000
• Date: 10/04/2022
• Address: 11389 Almayo Ave
• Market: Los Angeles, CA
• Buyer: Roknian Family Trust
• Seller: Hasid Gabay
• Brokers: Oron Maher & Nicole Lu - Maher Commercial Realty

This transaction was facilitated by Maher Commercial Realty, who sourced both the buyer and the seller. Maher Commercial Realty is a market leader in selling apartment buildings on the Westside of Los Angeles, with a large market share of on and off-market sales. They have assisted many apartment building owners in purchasing, selling, and exchanging properties of different types.