The asset involved in the transaction is a retail/office property located at 6334 Laurel Canyon Boulevard and 6226 Vineland Avenue in North Hollywood. The sale price was $1,875,000, and the property encompasses a total area of 6,510 square feet, resulting in a price per square foot of $288.

Summary of transaction details:

• Property Type: Retail/Office
• Transaction Amount: $1,875,000
• Buyer: Fahad Davadian
• Seller: Hasan Soroudi
• Market: North Hollywood
• Square Footage: 6,510
• Price per Square Foot: $288
• Broker Representation: Ethan Donel, Daniel Hirth, and Alex Reyhan - The Hirth Group
• Closing Date: 05/28/2025

Ethan Donel, Alex Reyhan, and Daniel Hirth of The Hirth Group represented both the seller and buyer in this transaction. The team received strong offers from multiple qualified parties and identified a motivated owner-user buyer. The buyer moved swiftly, securing the deal all-cash with a 30-day close and only a 5-day due diligence period, which is noted as a rare structure in today’s market.