Gregg Orenstein Acquires Northridge Multifamily Property For $3.125M With Blas Fernandez & Melina Ghotanian As Seller's Representatives

The property involved in this transaction is a multifamily asset located at 19237 Bryant Street in Northridge. The sale was finalized on 09/19/2024 for a total price of $3,125,000, consisting of 16 units. The property encompasses a total square footage of 15,676, translating to a price per unit of $195,312 and a price per square foot of $199.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,125,000
• Units: 16
• Square Footage: 15,676
• Price Per Unit: $195,312
• Price Per Square Foot: $199
• Buyer: Gregg Orenstein
• Seller: Jeffrey Plotts
• Buyer's Representative: Tholfaqar Al Amara
• Seller's Representatives: Blas Fernandez & Melina Ghotanian - IKON Properties

The deal features representatives from both sides; Tholfaqar Al Amara acted as the buyer's representative, while Blas Fernandez and Melina Ghotanian represented the seller through IKON Properties, facilitating the transaction between Gregg Orenstein and Jeffrey Plotts.