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Dr. Richard Sullivan Acquires Multifamily Property At 18218 Mansel Avenue For $2.04M

Property Image
SOLD
$2,040,000
Daniel Solomon
David Saghian

California

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MultiFamily3,300 SF
Sold 02/19/2026
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Property Image
SOLD

Dr. Richard Sullivan Acquires Multifamily Property At 18218 Mansel Avenue For $2.04M

18218 Mansel Avenue

See Similar Deals
MultiFamily3,300 SF
Sold 02/19/2026
Daniel Solomon
David Saghian
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$618
Total Square Footage:3,300 SF
Transaction Type:Sale

The transaction involves a multifamily property located at 18218 Mansel Avenue in Los Angeles. It was sold for $2,040,000, encompassing 3,300 square feet, which calculates to a price per square foot of $618.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,040,000
  • Address: 18218 Mansel Avenue
  • Market: Los Angeles
  • Buyer: Dr. Richard Sullivan
  • Seller: Daniel May
  • Brokers: Daniel Solomon - Kidder Mathews; David Saghian - Lyon Stahl Investment Real Estate
  • Square Footage: 3,300
  • Price per Square Foot: $618

Daniel Solomon successfully managed the sale of a veterinary hospital prior to this transaction, applying his healthcare real estate expertise to realize optimal value. He worked alongside David Saghian for a strategic 1031 exchange, assisting their client in acquiring the multifamily property post-sale of the veterinary facility. Their collaboration was vital in identifying and securing the appropriate asset, leading to an efficient execution of the exchange.

Players

David Saghian
Lyon Stahl Investment Real Estate
David Saghian
26 deals$170M volume(818) 231-5540
BROKER
Daniel Solomon
Kidder Mathews
Daniel Solomon
17 deals$52.9M volume
BROKER

Details

SOLD
IMAGE: Daniel Solomon & David Saghian DATE: 02/19/2026 ADDRESS: 18218 Mansel Avenue MARKET: Los Angeles ASSET TYPE: Multifamily BUYER: Dr. Richard Sullivan SELLER: Daniel May BROKERS: Daniel Solomon (@DanielSolomonn) - Kidder Mathews (@Kidder.Mathews); David Saghian (@DavidSaghian10) - Lyon Stahl Investment Real Estate (@LyonStahl) SALE PRICE: $2,040,000 SF: 3,300 ~ PPSF: $618 NOTE FROM BROKER: Daniel Solomon successfully sold his client’s veterinary hospital and then partnered with David Saghian to complete a strategic 1031 exchange into a newer apartment building located nearby. Daniel handled the sale of the veterinary hospital, leveraging his experience in healthcare real estate to maximize value for the client. After the sale, the client reinvested the proceeds into a newly renovated multifamily property, with David and Daniel collaborating to identify and secure the right property. Together, they executed the exchange efficiently and strengthened the client’s long term investment position. This transaction demonstrates the power of aligned expertise — healthcare specialization on the disposition and multifamily expertise on the acquisition — working together to deliver a strong, coordinated outcome. For all multifamily opportunities, contact David Saghian. For all veterinary and healthcare real estate opportunities, contact Daniel Solomon.

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