Kevin Zarabi Acquires Hollywood Multifamily For $3.5M

A closed multifamily property transaction took place in Hollywood. The property, located at 6350 Willoughby Ave, was sold on April 17, 2019. The buyer, Kevin Zarabi, purchased the property for $3,525,000. The property spans across 10,386 square feet with a price per square foot of $339. This value-add multifamily property is a repositioning opportunity.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3,525,000
• Address: 6350 Willoughby Ave
• Market: Hollywood
• Square Footage: 10,386
• Price per Square Foot: $339
• Buyer: Kevin Zarabi
• Brokers: Peter Strauss - Iconic Investments
• Notes: Value-Add Multifamily Repositioning

The deal was facilitated by Peter Strauss from Iconic Investments, who represented Kevin Zarabi in this transaction.