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Rina Mark & Judy Kajan Acquire 7-Unit Multifamily In Los Angeles For $3.5M

1941 Malcolm Avenue
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This MultiFamily property located in CA was sold for $3,500,000 over 1 year ago. The brokers of the deal were Evan Kajan and Jake Plewa

The multifamily property located at 1941 Malcolm Ave in Los Angeles, CA has been sold for a total price of $3,500,000. The property consists of 7 units, with a price per unit of $500,000. It spans across an area of 5,915 square feet, resulting in a price per square foot of $592. The gross rent multiplier (GRM) for this property is 19.3 times its gross income.

Summary of Transation Details

  • Property Type: Multifamily
  • Transaction Amount: $3,500,000
  • Address: 1941 Malcolm Ave, Los Angeles, CA
  • Units: 7
  • Price per Unit: $500,000
  • Square Footage: 5,915
  • Price per Square Foot: $592
  • Gross Rent Multiplier (GRM): 19.3

The buyers of this property are Rina Mark and Judy Kajan, while the seller is Reza Iranpour. Representing the buyers in this transaction is Evan Kajan from Keller Williams, and the seller is represented by Jake Plewa from Remax Commercial.

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Deals
  • Location
    1941 Malcolm Avenue1941 Malcolm Avenue
  • Sale Price
    $3,500,000$3,500,000
    $591 PPSF$591 PPSF
  • Area
    5,915 SF5,915 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    2 Brokers, 2 Agencies2 Brokers, 2 Agencies

Agents

Evan Kajan

Evan Kajan

Deals1
Sold$3.5M

Jake Plewa

Jake Plewa

Deals10
Sold$44.7M

Agencies

Keller Williams

Keller Williams

Agency
Deals1208
Volume$6B

Re/Max

Re/Max

Agency
Deals480
Volume$2.2B

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Deal Summary

SALE IMAGE: Jake Plewa & Evan Kajan DATE: 11/07/2022 ADDRESS: 1941 Malcolm Ave MARKET: Los Angeles, CA ASSET TYPE: Multifamily BUYER: Rina Mark & Judy Kajan SELLER: Reza Iranpour BUYER'S REP: Evan Kajan (@EvanKajan) - Keller Williams SELLER'S REP: Jake Plewa (@JjPlewa) - Remax Commercial SALE PRICE: $3,500,000 UNITS: 7 ~ PPU: $500,000 SF: 5,915 ~ PPSF: $592 GRM: 19.3 x Gross

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1941 Malcolm Avenue

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