Stephen Han Acquires Multifamily Property At 8520 Whitworth Drive From Hamid Razipour For $4.45M

The property located at 8520 Whitworth Drive is a multifamily asset in the Los Angeles market, covering a total square footage of 9,993. It consists of seven luxury units and was built in 2017. The sale price was $4,450,000, resulting in a price per unit of $635,714 and a price per square foot of $445.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,450,000
• Units: 7
• Square Footage: 9,993
• Price Per Unit: $635,714
• Price Per Square Foot: $445
• Buyer: Stephen Han
• Seller: Hamid Razipour
• Brokers: Neema Ahadian & Jeffrey Estrada - Marcus & Millichap

The transaction highlights the efforts of The Neema Group of Marcus & Millichap, which targeted local buyers interested in high-quality non-RSO assets. The successful closing of this property is a notable achievement for the brokerage team.