Mark Markarian Acquires Multifamily Building In Glendale For $2.2M

Located at 1415 Stanley Ave in Glendale, this multifamily property was recently sold on December 13, 2019. The sale was facilitated by Andy Kawatra and Sevak Keshishian of Gettinswiggywitit, who represented both the buyer and the seller. The property consists of 7 units spread across 5,081 square feet, offering a spacious and attractive living space for its residents.

Summary of transaction details

• Property Type: Multifamily
• Sale Price: $2,175,000
• Price per Square Foot: $428.07
• Number of Units: 7
• Price per Unit: $310,714

Mark Markarian acquired this property, while MJV Properties LLC acted as the seller. Both parties were represented by Andy Kawatra and Sevak Keshishian, showcasing their expertise in negotiating successful property deals. This transaction highlights the strong demand for multifamily properties in Glendale's real estate market.