George Papanikolau Purchases Multifamily Property At 1926 Vista Del Mar Street For $1.985M

The property asset involved in the transaction is a multifamily building located at 1926 Vista Del Mar Street in the Los Angeles market. The asset features a total of 8 units and encompasses 6,464 square feet, with a sale price of $1,985,000, resulting in a price per unit of $248,125 and a price per square foot of $307.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,985,000
• Units: 8
• Square Footage: 6,464
• Price Per Unit: $248,125
• Price Per Square Foot: $307
• Buyer: George Papanikolau
• Seller: Derik Ghookasian
• Buyer's Representative: Zac Freehling & Tyler Farrar - Pacific Partners Real Estate Investments

The key individuals involved in the deal include the buyer, George Papanikolau, and the seller, Derik Ghookasian. The transaction was facilitated by the buyer's representatives, Zac Freehling and Tyler Farrar from Pacific Partners Real Estate Investments, who played a crucial role in the negotiation process.