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George Yessaie Purchases Glendale Multifamily Property From Kenneth Alcaraz For $4.825M

Property Image
SOLD
$4,825,000
Rick Raymundo
Philip (Phil) Rodgers
+ 1

California

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MultiFamily10,700 SF
Sold 05/05/2026
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Property Image
SOLD

George Yessaie Purchases Glendale Multifamily Property From Kenneth Alcaraz For $4.825M

629 East Elk Avenue

See Similar Deals
MultiFamily10,700 SF
Sold 05/05/2026
Rick Raymundo
Philip (Phil) Rodgers
+ 1
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$450
Total Square Footage:10,700 SF
Transaction Type:Sale

The property asset involved in this transaction is a multifamily building located at 629 East Elk Avenue in Glendale. The sale price was $4,825,000 for a total of 14 units, with a price per unit of $344,642. The total square footage of the property is 10,700, resulting in a price per square foot of $450.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $4,825,000
  • Address: 629 East Elk Avenue
  • Market: Glendale
  • Units: 14
  • Price Per Unit: $344,642
  • Square Footage: 10,700
  • Price Per Square Foot: $450
  • Buyer: George Yessaie
  • Seller: Kenneth Alcaraz
  • Buyer's Representative: Arthur Mangassarian - Re/Max
  • Seller's Representatives: Rick Raymundo, Sevak Keshishian & Philip Rodgers - Marcus & Millichap

This transaction highlights the collaboration between the buyer's representative, Arthur Mangassarian from Re/Max, and the seller's representatives, Rick Raymundo, Sevak Keshishian, and Philip Rodgers from Marcus & Millichap. Each representative played a crucial role in facilitating the agreement between George Yessaie and Kenneth Alcaraz for this multifamily property sale.

Players

Rick Raymundo
52 deals$417.4M volume(818) 219-6146
BROKER

Sevak Keshishian
Marcus & Millichap
16 deals$77.8M volume
BROKER

Philip (Phil) Rodgers
Marcus & Millichap
6 deals$39.3M volume(213) 943-1800
BROKER

Arthur Mangassarian
Re/Max
1 deal$2.9M volume(818) 636-8899
BROKER

Details

SOLD
IMAGE: Rick Raymundo, Sevak Keshishian, Arthur Mangassarian & Philip Rodgers DATE: 05/05/2026 ADDRESS: 629 East Elk Avenue MARKET: Glendale ASSET TYPE: Multifamily BUYER: George Yessaie SELLER: Kenneth Alcaraz BUYER'S REP: Arthur Mangassarian (@Arthursellsfaster) - Re/Max (@ReMax) SELLER'S REP: Rick Raymundo (@TheRaymundoGroup), Sevak Keshishian (@TheSKGroup) & Philip Rodgers - Marcus & Millichap (@MarcusMillichapInc) SALE PRICE: $4,825,000 UNITS: 14 ~ PPU: $344,642 SF: 10,700 ~ PPSF: $450

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