Haik Vartanyan Acquires Industrial Property In North Hollywood For $1.6M

An industrial property located at 5527 Satsuma Avenue in North Hollywood has been sold for a price of $1,625,000. The property spans over an area of 4,000 square feet, resulting in a price per square foot of $406. The transaction took place on December 28, 2020.

Summary of transation details

• Property Type: Industrial
• Transaction Amount: $1,625,000
• Address: 5527 Satsuma Avenue
• Market: North Hollywood
• Buyer: Haik Vartanyan
• Seller: Michael Vandemore
• Brokers: @EthanDonel, @Alex_Reyhan & Daniel Hirth @HirthGroup

The deal was facilitated by brokers Ethan Donel, Alex Reyhan, and Daniel Hirth from the Hirth Group. They represented the buyer and seller in the transaction, ensuring a successful sale of the industrial property.