Dr. Mustafa Bilal & Basimah Bilal Purchase Retail Property From Manijeh Tabatabai In Huntington Park For $2.9M

The property asset involved in this transaction is a retail space located at 2400 East Florence Avenue in Huntington Park. The transaction concluded at a sale price of $2,900,000, encompassing an area of 8,781 square feet. The price per square foot was $330, and the cap rate at the time of sale was 3.9%.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: $2,900,000
• Square Footage: 8,781 SF
• Price per Square Foot: $330
• Buyer: Dr. Mustafa Bilal & Basimah Bilal
• Seller: Manijeh Tabatabai - Jahangiri Family Trust
• Brokers: Sam Kangavari & Fariba Kavian - NAI Capital Commercial, Inc.
• Date of Transaction: 9/24/2025
• Market: Huntington Park

This transaction included key representatives from NAI Capital Commercial, Inc., with Sam Kangavari and Fariba Kavian facilitating the sale. The property was sold to an owner-user intending to expand the existing dental office to a new 3,000 square foot office space.