Isaac Cohanzad Acquires Multifamily Property In Los Angeles, CA For $26M

The multifamily property located at 809 S Gretna Green Way in Los Angeles, CA has been sold for a total of $26,000,000. The transaction took place on October 21, 2022, and was facilitated by Jonathan Taksa of Taksa Investment Group, who represented both the buyer, Isaac Cohanzad, and the sellers, Andrew Weissman & Alan Risch. The property consists of 32 units, resulting in a purchase price per unit of $812,500. The total square footage of the property is 55,240, with a price per square foot of $471.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $26,000,000
• Address: 809 S Gretna Green Way, Los Angeles, CA
• Market: Los Angeles, CA
• Buyer: Isaac Cohanzad
• Seller: Andrew Weissman & Alan Risch
• Broker: Jonathan Taksa - Taksa Investment Group
• Units: 32
• Price per Unit: $812,500
• Square Footage: 55,240
• Price per Square Foot: $471

Jonathan Taksa, representing Taksa Investment Group, played a crucial role in this transaction by representing both the buyer and the sellers. With his expertise, the deal was successfully closed at a price of $26,000,000 for the multifamily property. The buyers, Isaac Cohanzad, saw the potential in this property and decided to invest in it, while the sellers, Andrew Weissman & Alan Risch, were able to secure a favorable deal. The collaboration between all the parties involved resulted in a successful transaction.