1346 N Stanley Avenue Multifamily Sells For $3.5M In West Hollywood With Jordan Asheghian And Tony Azzi As Brokers

Located in West Hollywood, the multifamily property at 1346 N Stanley Avenue has changed hands in a recent sale transaction. The property, comprising 9 units, was sold for a total price of $3,500,000. This translates to a price per square foot of $333.87, with a total area of 10,483 square feet. The sale price breaks down to approximately $388,888 per unit. Notably, at the close of escrow, two units were delivered vacant. The deal was facilitated by brokers Jordan Asheghian and Tony Azzi, who represented both the buyer and seller.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3,500,000
• Address: 1346 N Stanley Avenue
• Market: West Hollywood
• Total Square Footage: 10,483
• Price per Square Foot: $333.87
• Number of Units: 9
• Price per Unit: $388,888

The successful sale of this multifamily property demonstrates its high value, averaging over $388,000 per unit. The transaction was overseen by brokers Jordan Asheghian and Tony Azzi, who played a crucial role in representing both the buyer and seller. This deal exemplifies their expertise in the West Hollywood market.