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8700 West 3rd Street & 309 South Hamel Road

Tyler Makhani, Brandon Makhani, And Chloe Makhani Acquire Multifamily Property In Los Angeles For $11.95M

8700 West 3rd Street & 309 South Hamel Road

20,520 SF
clock iconSold 242 days ago
Michael Monempour
Steve Anavim
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20,520 sqft

Avondale Equities, represented by Steve Anavim of Conroy Commercial, has acquired a multifamily property in Los Angeles for a sale price of $11,950,000. The property is located at 8700 West 3rd Street & 309 South Hamel Road and spans a total of 10,260 square feet. The price per square foot for this transaction was $1,165.

Summary of Transaction Details:

  • Property Type: Multifamily
  • Transaction Amount: $11,950,000
  • Buyer: Tyler Makhani, Brandon Makhani, and Chloe Makhani (Avondale Equities)
  • Seller: Sean MacPherson
  • Buyer's Representative: Steve Anavim (Conroy Commercial)
  • Seller's Representative: Michael Monempour (Lyon Stahl)

The acquisition was led by Avondale Equities, a real estate investment firm represented by Steve Anavim of Conroy Commercial. The seller, Sean MacPherson, entrusted the transaction to Michael Monempour of Lyon Stahl. This deal marks a significant transaction in the Los Angeles market, showcasing the continued robustness of the multifamily asset class.


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Michael Monempour
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$273.1M Sold
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Deal Summary
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IMAGE: Chloe Makhani, Steve Anavim, Tyler Makhani, Michael Monempour, Brandon Makhani & Sean MacPherson DATE: 10/18/2023 ADDRESS: 8700 West 3rd Street & 309 South Hamel Road MARKET: Los Angeles ASSET TYPE: Multifamily BUYER: Tyler Makhani (@TylerMakhani), Brandon Makhani (@BrandonMakhani) & Chloe Makhani (@ChloeMakhani) - Avondale Equities (@AvondaleEquities) SELLER: Sean MacPherson BUYER'S REP: Steve Anavim (@SteveAnavim) - Conroy Commercial (@ConroyCommercial) SELLER'S REP: Michael Monempour (@Michael.Monem) - Lyon Stahl (@LyonStahl) SALE PRICE: $11,950,000 SF: 10,260 ~ PPSF: $1,165

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Address8700 West 3rd Street & 309 South Hamel Road


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