Nima Tehrany Acquires Multifamily Property In East Hollywood For $2M

A multifamily property located at 5632 Lexington Ave. in East Hollywood has been sold for $2,000,000. The property consists of 10 units with a total area of 7,368 square feet. The sale price per unit was $200,000, while the price per square foot was $271. The transaction took place on October 1, 2021. The buyer was Nima Tehrany and the seller was John Soluk. The deal was facilitated by Will Tiao from Tiao Properties.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $2,000,000
• Address: 5632 Lexington Ave.
• Market: East Hollywood
• Units: 10
• Price per Unit: $200,000
• Square Footage: 7,368
• Price per Square Foot: $271

Will Tiao from Tiao Properties represented both the buyer, Nima Tehrany, and the seller, John Soluk, in this transaction. Tiao Properties played a key role in facilitating the deal between the parties involved.