Ameer Shah Acquires Multifamily Property At 12800 Oxnard Street North Hollywood For $1.125M

The property asset involved in this transaction is a multifamily building located at 12800 Oxnard Street in North Hollywood. This asset comprises three units with a total square footage of 3,240. The sale price for the property was $1,125,000, resulting in a price per unit of $375,000 and a price per square foot of $347. Built in 1959 and renovated in 1988, two of the units were delivered vacant, and all units are 2-bedroom configurations.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,125,000
• Units: 3
• Price per Unit: $375,000
• Square Footage: 3,240
• Price per Square Foot: $347
• Buyer: Ameer Shah
• Seller: Artur Antonyan
• Broker Representatives: Morgan Wetmore, Filip Niculete & Glen Scher - LAAA Team - Marcus & Millichap
• RSO Luxury Exemption: Yes

This transaction was facilitated by a team of brokers consisting of Morgan Wetmore, Filip Niculete, and Glen Scher, representing the buyer and seller in the deal. The involvement of the LAAA Team from Marcus & Millichap highlights the expertise brought to this multifamily property transaction.