Micheal Cotner Acquires Multifamily Property At 929 North Stanley Avenue For $2.325M

The asset involved in this transaction is a multifamily property located at 929 North Stanley Avenue in West Hollywood. The sale price for the property was $2,325,000, encompassing 8 units. The total square footage of the property is 6,334, with a price per unit of $290,625 and a price per square foot of $367.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,325,000
• Units: 8
• Square Footage: 6,334
• Price Per Unit: $290,625
• Price Per Square Foot: $367
• Buyer: Micheal Cotner
• Seller: Charles Ezerzer
• Broker: Jordan Asheghian - Lyon Stahl Investment Real Estate
• Sale Date: 10/01/2025
• Market: West Hollywood
• Note: Sold Off Market
• Transaction Features: Smooth Transaction with Loan Assumption
• Escrow Duration: 60 Day Escrow
• Closing Milestone: 60th closing in the West Hollywood & Adjacent areas by The Jordan Group

Key individuals in this transaction include the buyer, Micheal Cotner, and the seller, Charles Ezerzer. The deal was facilitated by broker Jordan Asheghian, representing Lyon Stahl Investment Real Estate. Jordan Asheghian is also the President & Founder of The Jordan Group and 1st Vice President at Lyon Stahl.