Kamyar & K. Joseph Shabani Acquire Retail Asset From Neman Family In West Hollywood For $5.275M

The property involved in this transaction is a retail asset located at 438 North La Cienega Boulevard in the West Hollywood market. The asking price for the asset was $5,995,000, and it was sold for $5,275,000. The total square footage of the retail property is 7,571, resulting in a price per square foot of approximately $696.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $5,275,000
• Address: 438 North La Cienega Boulevard
• Market: West Hollywood
• Buyer: Kamyar & K. Joseph Shabani
• Seller: Neman Family
• Broker: Jake Zacuto - Zacuto Group

This transaction features Kamyar and K. Joseph Shabani as the buyers, while the seller is the Neman Family. Jake Zacuto from Zacuto Group represented the broker side of this deal.