Arash Danialifar Purchases Retail Asset At 251 North Larchmont Boulevard For $9.6M

The property asset involved in this transaction is a retail space located at 251 North Larchmont Boulevard in Los Angeles. The sale was finalized at a transaction amount of $9,600,000, with a total square footage of 9,600, resulting in a price per square foot of $1,000.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $9,600,000
• Square Footage: 9,600
• Price per Square Foot: $1,000
• Buyer: Arash Danialifar
• Seller: Duke Fenady
• Buyer’s Representative: David Aschkenasy & David Ickovics - Commercial Asset Group
• Date of Sale: 03/18/2026
• Note: First Time Traded in over 50 years

This transaction involved key individuals, including Arash Danialifar as the buyer and Duke Fenady as the seller. David Aschkenasy and David Ickovics represented the buyer through their agency, Commercial Asset Group, facilitating the deal in a market where this property had not traded for over five decades.