Amin Najafi Acquires Multifamily Asset From Steve Sabet For $1.775M In Los Angeles

The property asset involved in the transaction is a multifamily property located at 2672 South Redondo Boulevard in Los Angeles. The sale was finalized for $1,775,000 and comprises 5 units, with a price per unit of $355,000. The total square footage of the property is 4,019, equating to a price per square foot of $441.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,775,000
• Address: 2672 South Redondo Boulevard
• Market: Los Angeles
• Units: 5
• Price Per Unit: $355,000
• Square Footage: 4,019
• Price Per Square Foot: $441
• Buyer: Amin Najafi
• Seller: Steve Sabet
• Brokers: Aaron Jacobson & Brandon Maghen - Lyon Stahl Investment Real Estate

Brandon Maghen and Aaron Jacobson represented the transaction, successfully facilitating the sale of the property. Their efforts achieved a record-breaking price per unit and price per square foot in the West Adams area, maximizing the client’s return through a targeted marketing approach and innovative financing strategy.