Golnaz Fouladi And Ehsan Hashemi Purchase Multifamily Property In Los Angeles For $1.1M

The property asset involved in this transaction is a multifamily property located at 2001 South Redondo Boulevard in the Los Angeles market. The asking price was set at $1,250,000, while the final sale price concluded at $1,100,000. The asset comprises 3 units with a total square footage of 2,292, resulting in a price per unit of $366,666 and a price per square foot of $479.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,100,000
• Buyer: Golnaz Fouladi & Ehsan Hashemi
• Seller: Robert Crisp
• Brokers: Eric Chen & Justino L. Fa’aola - CBRE
• Units: 3
• Square Footage: 2,292
• Price Per Unit: $366,666
• Price Per Square Foot: $479

Eric Chen and Justino L. Fa’aola represented the transaction as the brokers from CBRE, facilitating the deal between the buyer and the seller. The involvement of these brokers indicates a professional transaction process associated with commercial properties within the Los Angeles area.