Matthew Radmanesh Purchases Multifamily Asset From Mark Kanter & Chris Renard For $3.15M

The multifamily property located at 9035 Cedros Avenue in Panorama City has been sold for $3,150,000. This asset comprises 18 units with a total square footage of 15,630, resulting in a price per unit of $175,000 and a price per square foot of $201.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $3,150,000
• Units: 18
• Square Footage: 15,630
• Price Per Unit: $175,000
• Price Per Square Foot: $201
• Buyer: Matthew Radmanesh
• Seller: Mark Kanter & Chris Renard
• Brokers: Tony Azzi & Arteen Zahiri - Marcus & Millichap

The transaction was facilitated by brokers Tony Azzi and Arteen Zahiri, who represent Marcus & Millichap in this deal. The involvement of these agents highlights their role in connecting the buyer and sellers throughout the transaction process.