Ian Hagop Acquires Multifamily Asset From Kristine Knaus In Burbank For $2.12M

The property involved in the transaction is a multifamily asset located at 606 North Sixth Street in Burbank. It was sold for $2,120,000, comprising 8 units. The total square footage of the property is 6,992, which equates to a price per unit of $265,000 and a price per square foot of $303.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,120,000
• Units: 8
• Square Footage: 6,992
• Price Per Unit: $265,000
• Price Per Square Foot: $303
• Buyer: Ian Hagop
• Seller: Kristine Knaus
• Broker: Andy Kawatra - Marcus & Millichap

Ian Hagop is the buyer of the property, while Kristine Knaus serves as the seller. The transaction was facilitated by Andy Kawatra, representing Marcus & Millichap in the sale of the multifamily asset.