Arash Memary, Filip Niculete, And Glen Scher Of Marcus & Millichap Acquire North Hollywood Multifamily For $1.05M

Located in North Hollywood, the multifamily property at 4900 Riverton Ave recently changed ownership in a sale transaction. Spanning over 2,156 square feet, this property features three units, making it an attractive investment opportunity.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $1,050,000
• Price per Square Foot: $487.01
• Number of Units: 3
• Price per Unit: $350,000
• Date of Sale: 03/13/2020
• Market: North Hollywood

Arash Memary, Filip Niculete, Glen Scher, and Rodrigo Melgoza played crucial roles in the transaction as brokers. Arash Mema, from Marcus & Millichap, represented the buyer and seller, while Rodrigo Melgoza, from Century 21, also contributed to the deal.