Shirzad Saadat Acquires Multifamily Property On Fox Hills Drive In Century City For $4.32M

The multifamily property located at 2343 Fox Hills Drive in Century City has been sold. The property spans 10,374 square feet and consists of 8 units. The sale price for the property was $4,319,000, which translates to a price per square foot of $416. The buyer of the property is Shirzad Saadat, while the seller is Walter Barratt.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $4,319,000
• Address: 2343 Fox Hills Drive
• Market: Century City
• Square Footage: 10,374
• Units: 8
• Buyer: Shirzad Saadat
• Seller: Walter Barratt

The transaction was facilitated by brokers Jake Plewa and Hamid Soroudi from Keller Williams. The asking price for the property was $4,400,000, and the sale was achieved at a capitalization rate of 3.5%. The price per unit for the multifamily property amounts to $539,875.