Sara Weinstock Purchases Multifamily Property At 4651 Council Street For $2.32 Million

The property asset involved in the transaction is a multifamily building located at 4651 Council Street in the Los Angeles market. The sale price was $2,320,000, and the property consists of 7 units, resulting in a price per unit of $331,428. The total square footage of the building is 7,444, which gives a price per square foot of $311.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,320,000
• Units: 7
• Price Per Unit: $331,428
• Square Footage: 7,444
• Price Per Square Foot: $311
• Buyer: Sara Weinstock
• Seller: Kamyar Shabani
• Buyer’s Representative: Aaron Jacobson & Peter James - Lyon Stahl Investment Real Estate
• Seller’s Representative: Jeffrey Estrada & Neema Ahadian - Marcus & Millichap

The deal involved key individuals representing both the buyer and the seller. Aaron Jacobson and Peter James represented Sara Weinstock while Jeffrey Estrada and Neema Ahadian were the representatives for Kamyar Shabani in the transaction.