Ramin Akhavan Purchases Multifamily Property At 11911 Weddington Street For $6.975M With Broker Jacob Plewa

The property asset involved in the transaction is a multifamily unit located at 11911 Weddington Street in Valley Village. The sale price of the property was $6,975,000 for a total of 31 units. The asset comprises a total square footage of 36,121, resulting in a price per unit of $225,000 and a price per square foot of $193.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $6,975,000
• Units: 31
• Square Footage: 36,121
• Price per Unit: $225,000
• Price per Square Foot: $193
• Buyer: Ramin Akhavan
• Seller: Steve Hartunian - Empire Investments
• Broker: Jacob Plewa - Re/Max

This transaction highlights the involvement of key individuals, including the buyer, Ramin Akhavan, and the seller, Steve Hartunian, representing Empire Investments. The broker facilitating the deal was Jacob Plewa from Re/Max, effectively connecting both parties in this transaction.