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Dara Justin Rezvanipour Acquires Multifamily Property In West Hollywood From Peter Georgianni For $2.73M

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SOLD
$2,730,000
Akash Saini
Samuel P. Manoochehri

California

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MultiFamily6,756 SF
Sold 04/29/2025
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Property Image
SOLD

Dara Justin Rezvanipour Acquires Multifamily Property In West Hollywood From Peter Georgianni For $2.73M

1235 North Formosa Avenue

See Similar Deals
MultiFamily6,756 SF
Sold 04/29/2025
Akash Saini
Samuel P. Manoochehri
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$404
Total Square Footage:6,756 SF
Transaction Type:Sale

This multifamily property, located at 1235 North Formosa Avenue in the West Hollywood market, has a total of 10 units. It was sold for $2,730,000, providing a price per unit of $273,000. The building features a square footage of 6,756, with a price per square foot of $404.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,730,000
  • Address: 1235 North Formosa Avenue
  • Market: West Hollywood
  • Units: 10
  • Price per Unit: $273,000
  • Square Footage: 6,756
  • Price per Square Foot: $404
  • Buyer: Dara Justin Rezvanipour
  • Seller: Peter Georgianni
  • Broker Representation: Samuel Manoochehri & Akash Saini - Keller Williams Realty

Samuel Manoochehri and Akash Saini represented both the buyer and the seller in this transaction. They successfully generated multiple offers, allowing the seller to complete a reverse 1031 exchange while providing the buyer with a value-add opportunity in a highly sought-after location.

Players

Akash Saini
Keller Williams Realty
Akash Saini
25 deals$77.3M volume(818) 642-0242
BROKER
Samuel P. Manoochehri
Keller Williams Realty
Samuel P. Manoochehri
4 deals$11M volume(213) 537-6412
BROKER

Details

SOLD
IMAGE: Akash Saini & Samuel Manoochehri DATE: 4/29/2025 ADDRESS: 1235 North Formosa Avenue MARKET: West Hollywood ASSET TYPE: Multifamily BUYER: DARA JUSTIN REZVANIPOUR SELLER: Peter Georgianni BROKERS: Samuel Manoochehri (@Samuel_thecommercialbroker) & Akash Saini (@AkashdSaini) - Keller Williams Realty (@KellerWilliamsRealty) SALE PRICE: $2,730,000 UNITS: 10 ~ PPU: $273,000 SF: 6,756 ~ PPSF: $404 NOTE FROM BROKER: Proud to have facilitated a win-win transaction on this prime West Hollywood multifamily. Generated multiple offers, allowing the seller to successfully complete a reverse 1031 exchange. The buyer landed a phenomenal value-add opportunity in a highly sought-after location.

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