facebook
Traded Co logo
Submit a Deal

Greg Alexanian & Robert Kurdyan Broker $15.5M Multifamily Sale In Burbank

1301-1305 North Hollywood Way
PointingArrow
ShareContact

This MultiFamily property located in CA was sold for $15,500,000 over 2 years ago. The brokers of the deal were Robert Kurdyan and Greg Alexanian

Located in Burbank, the multifamily property at 1301-1305 N. Hollywood Way recently changed hands in a closed transaction. The sale, represented by Greg Alexanian and Robert Kurdyan, reached a price of $15,500,000. The property consists of 35 units, resulting in a price per unit of $442,857. With a total square footage of 34,290, the price per square foot was calculated at $452.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $15,500,000
  • Units: 35
  • Price per Unit: $442,857
  • Square Footage: 34,290
  • Price per Square Foot: $452

This sale marks the highest multifamily sale price in Burbank over the past 11 months. Additionally, it boasts the largest number of units sold in the same time frame. Notably, this transaction involved the newest building to be traded in Burbank within the last 5 years. The successful deal was accompanied by a full price offer and a guarantee of execution. It is worth mentioning that Alexanian Apartment Advisors, the brokerage firm represented both the seller and the buyer in this transaction. With a strong track record, the firm has facilitated over $1 billion in multifamily transactions.

View Related

Deals
  • Location
    1301 North Hollywood Way, Burbank, CA, USA1301 North Hollywood Way, Burbank, CA, USA
  • Sale Price
    $15,500,000$15,500,000
    $452 PPSF$452 PPSF
  • Area
    34,290 SF34,290 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    2 Brokers, 2 Agencies2 Brokers, 2 Agencies

Agents

Robert Kurdyan

Robert Kurdyan

Deals2
Sold$16.4M

Agencies

Keller Williams

Keller Williams

Agency
Deals1208
Volume$6B

Alexanian Apartment Advisors

Alexanian Apartment Advisors

Agency
Deals42
Volume$228.6M

Social

Deal Summary

SALE IMAGE: Greg Alexanian & Robert Kurdyan DATE: 09/10/2021 ADDRESS: 1301-1305 N. Hollywood Way MARKET: Burbank ASSET TYPE: Multifamily BROKERS: Greg Alexanian (@AlexanianAdvisors) & Robert Kurdyan (@Robert_Kurdyan_RealEstate) SALE PRICE: $15,500,000 UNITS: 35 ~ PPU: $442,857 SF: 34,290 ~ PPSF: $452 NOTE: * Represented Seller & Buyer • Highest Burbank multifamily sale price in past 11 months • Largest Burbank multifamily sale # of units in past 11 months • Newest building to trade in past 5 years • Delivered full price & certainty of execution Alexanian Apartment Advisors have transacted over $1B in multifamily

Comparables


We could not find what you were looking for, try a different filter

Contact

Broker's profile image

1301-1305 North Hollywood Way

  • Social

  • Comparables

  • Contact

  • Share


  • Login to Suggest Edits