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Michael Cohanzad Acquires Brentwood Multifamily For $10M

11972 & 11978 Kiowa Avenue
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This MultiFamily property located in CA was sold for $10,000,000 over 1 year ago. The broker of the deal was Jonathan (Jon) Taksa

The multifamily property located at 11972 & 11978 Kiowa Avenue in Brentwood has been sold for $10,000,000. The transaction took place on June 29, 2022. This property comprises 20 units, with each unit having a price per unit of $500,000. The total square footage of the property is 16,264, resulting in a price per square foot of $615. The buyer in this deal is Michael Cohanzad, while Linda Lyons is the seller. The transaction was brokered by Jonathan Taksa of Taksa Investment Group.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $10,000,000
  • Address: 11972 & 11978 Kiowa Avenue
  • Market: Brentwood
  • Units: 20
  • Price per Unit: $500,000
  • Total Square Footage: 16,264
  • Price per Square Foot: $615

Jonathan Taksa, from Taksa Investment Group, represented both the buyer, Michael Cohanzad, and the seller, Linda Lyons, in this transaction.

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Deals
  • Location
    11972 Kiowa Avenue, Los Angeles, California 90049, United States11972 Kiowa Avenue, Los Angeles, California 90049, United States
  • Sale Price
    $10,000,000$10,000,000
    $614 PPSF$614 PPSF
  • Area
    16,264 SF16,264 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    1 Broker, 1 Agency1 Broker, 1 Agency

Agent

Jonathan (Jon) Taksa

Jonathan (Jon) Taksa

Deals51
Sold$532.9M

Agency

Taksa Investment Group

Taksa Investment Group

Agency
Deals67
Volume$661.8M

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Deal Summary

SALE IMAGE: Jonathan Taksa DATE: 06/29/2022 ADDRESS: 11972 & 11978 Kiowa Avenue MARKET: Brentwood ASSET TYPE: Multifamily BUYER: Michael Cohanzad SELLER: Linda Lyons BROKER: Jonathan Taksa (@JTaksa) - Taksa Investment Group (@TaksaInvestmentGroup) SALE PRICE: $10,000,000 UNITS: 20 ~ PPU: $500,000 SF: 16,264 ~ PPSF: $615

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11972 & 11978 Kiowa Avenue

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