Gus D. Suks Acquires MultiFamily Property In Glendale For $2.76M

A multi-family property located at 623 Dryden Street in Glendale was recently sold. The property, consisting of 7 units, was purchased for a total sale price of $2,760,000. The price per unit is calculated at $394,286, and the total square footage of the property is 7,110, resulting in a price per square foot of $388. The transaction was an all-cash deal and was privately conducted off-market. The buyer in this transaction was Gus D. Suks, while the seller was Johnlenora Hayrapetian. The broker representing both parties in this deal was Greg Alexanian from Alexanian Apartment Advisors.

Summary of transaction details

• Property Type: MultiFamily
• Transaction Amount: $2,760,000
• Units: 7
• Price per Unit: $394,286
• Square Footage: 7,110
• Price per Square Foot: $388

This transaction involved several key individuals and companies. The buyer, Gus D. Suks, made an all-cash purchase of the multi-family property located at 623 Dryden Street. The seller, Johnlenora Hayrapetian, agreed to the sale. Facilitating the deal was broker Greg Alexanian from Alexanian Apartment Advisors.