Patrick Bensimmon Acquires Multifamily Asset On North Vendome Street For $1.25M With Seller's Rep Rabbie Banafsheha & Tony Azzi

The asset involved in this transaction is a multifamily property located at 146 North Vendome Street, in the Los Angeles market. The sale price was $1,250,000 for a total of 7 units. The property encompasses a total square footage of 4,924, resulting in a price per unit of $178,571 and a price per square foot of $253.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,250,000
• Units: 7
• Square Footage: 4,924
• Price Per Unit: $178,571
• Price Per Square Foot: $253
• Buyer: Patrick Bensimmon
• Seller: David Raskin
• Seller's Representative: Rabbie Banafsheha & Tony Azzi - Marcus & Millichap

This transaction involved key participants including buyer Patrick Bensimmon and seller David Raskin. The representation for the seller was provided by the brokerage team of Rabbie Banafsheha and Tony Azzi from Marcus & Millichap, who facilitated the deal.