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Jian Torkan Acquires 10-Unit Multifamily In Hollywood For $4.55M

Property Image
SOLD
$4,550,000

California

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MultiFamily7,440 SF
Sold 08/18/2022
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Property Image
SOLD

Jian Torkan Acquires 10-Unit Multifamily In Hollywood For $4.55M

1820 North La Brea Avenue

See Similar Deals
MultiFamily7,440 SF
Sold 08/18/2022
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$611
Total Square Footage:7,440 SF
Transaction Type:Sale

The property involved in this transaction is a mid-century modern gem located at 1820 N. La Brea Ave in the Hollywood market. This two-story building consists of 10 units and has a total square footage of 7,440. The sale price for this property was $4,550,000, resulting in a price per unit of $455,000 and a price per square foot of $611.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $4,550,000
  • Address: 1820 N. La Brea Ave
  • Market: Hollywood

Jian Torkan purchased this property from Kazuyo Odo in the transaction. The broker representing both the buyer and the seller in this deal was Mason Canter from KW Commercial.

This property is a renter's favorite and a mecca for "Fast & Furious" fans. It is known for its superb renovation with the latest designer details. The location offers easy access to canyon hikes and a dynamic lifestyle with close proximity to The Hollywood Walk of Fame, premier shopping, cafes, bars, restaurants, and entertainment options. With a Walk Score of 90%, this property is rated a Walker's Paradise. Fans of the movie can often be seen outside the building, posing for photos.

Players

Mason Canter
Keller Williams Realty
Mason Canter
2 deals$10.7M volume
BROKER

Details

SOLD
IMAGE: Mason Canter DATE: 08/18/2022 ADDRESS: 1820 N. La Brea Ave. MARKET: Hollywood ASSET TYPE: Multifamily BUYER: Jian Torkan SELLER: Kazuyo Odo BROKER: Mason Canter (@Mason_Canter) - KW Commercial SALE PRICE: $4,550,000 UNITS: 10 ~ PPU: $455,000 SF: 7,440 ~ PPSF: $611 NOTE FROM BROKER: Renter fav & mecca for "Fast & Furious" fans, 1820 N La Brea is a 10-unit, mid-century modern gem straddling Runyon Canyon in Hollywood. This two-story building was superbly renovated with the latest designer details. Renters love canyon hikes & the dynamic lifestyle in which the premiere attractions of The Hollywood Walk of Fame - with its premium shopping, cafes, bars, restaurants & entertainment - are all within close proximity. With a Walk Score of 90%, 1820 N La Brea is rated a Walkers Paradise. KW Commercial Los Angeles realtor Mason Canter represented both buyer & seller. In 2009's "Fast & Furious" FBI agents on a bogus mission storm 1820 N La Brea to haul off punk racer Dwight (Greg Cipes), whose classic "Big Red" 1969 Chevy Camaro is seen parked outside. Fans are often seen posing for photos outside 1820!

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