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Shirzad Saadat Acquires Multifamily Property On Fox Hills Drive In Century City For $4.32M

2343 Fox Hills Drive
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This MultiFamily property located in CA was sold for $4,319,000 about 3 years ago. The brokers of the deal were Hamid Soroudi and Jacob Plewa

The multifamily property located at 2343 Fox Hills Drive in Century City has been sold. The property spans 10,374 square feet and consists of 8 units. The sale price for the property was $4,319,000, which translates to a price per square foot of $416. The buyer of the property is Shirzad Saadat, while the seller is Walter Barratt.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $4,319,000
  • Address: 2343 Fox Hills Drive
  • Market: Century City
  • Square Footage: 10,374
  • Units: 8
  • Buyer: Shirzad Saadat
  • Seller: Walter Barratt

The transaction was facilitated by brokers Jake Plewa and Hamid Soroudi from Keller Williams. The asking price for the property was $4,400,000, and the sale was achieved at a capitalization rate of 3.5%. The price per unit for the multifamily property amounts to $539,875.

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Deals
  • Location
    2343 Fox Hills Drive, Century City, Los Angeles, CA, USA2343 Fox Hills Drive, Century City, Los Angeles, CA, USA
  • Sale Price
    $4,319,000$4,319,000
    $416 PPSF$416 PPSF
  • Area
    10,374 SF10,374 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Jacob Plewa

Jacob Plewa

Deals2
Sold$7.7M

Hamid Soroudi

Hamid Soroudi

Deals6
Sold$67.5M

Agency

Re/Max

Re/Max

Agency
Deals480
Volume$2.2B

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Deal Summary

SALE IMAGE: Jake Plewa DATE: 03/04/2021 ADDRESS: 2343 Fox Hills Drive MARKET: Century City ASSET TYPE: Multifamily BUYER: Shirzad Saadat SELLER: Walter Barratt BROKERS: Jake Plewa & Hamid Soroudi - Keller Williams ASKING PRICE: $4,400,000 SALE PRICE: $4,319,000 SF: 10,374 ~ PPSF: $416 UNITS: 8 ~ PPU: $539,875 CAP: 3.5%

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2343 Fox Hills Drive

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