Farhad Stein Buys Multifamily Property From Jacob Dan In Los Angeles For $1,450,000

The multifamily property located at 1451 South Holt Avenue in Los Angeles was sold in a recent transaction. The property consists of 2 units spanning 2,300 square feet, with a sale price of $1,450,000, equating to $630 per square foot.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,450,000
• Units: 2
• Price Per Unit: $725,000
• Square Footage: 2,300
• Price Per Square Foot: $630
• Address: 1451 South Holt Avenue
• Market: Los Angeles

The transaction was facilitated by Ariel Sayani of Partners CRE and Michael Monempour of Lyon Stahl Investment Real Estate. Farhad Stein acted as the buyer, while Jacob Dan was the seller in this deal. Ariel Sayani has extended an invitation to those interested in job opportunities in commercial real estate.