Armik Agha Purchases Multifamily Property At 125 East Fairview Avenue For $4.24M

A multifamily property located at 125 East Fairview Avenue in Glendale was sold for $4,240,000. The asset comprises 9 units, with a price per unit of $471,111. It has a total square footage of 10,295, resulting in a price per square foot of $411.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,240,000
• Units: 9
• Price Per Unit: $471,111
• Square Footage: 10,295
• Price Per Square Foot: $411
• Buyer: Armik Agha
• Seller: Henry Matson
• Broker: Greg Alexanian - Alexanian Apartment Advisors

The transaction took place on June 17, 2025, with the representation of the buyer provided by Armik Agha and the seller represented by Henry Matson. The broker involved in this sale was Greg Alexanian from Alexanian Apartment Advisors. A note from the broker quotes Matthew 6:33.