Overland Century LP Acquires Multifamily Property In Westwood For $4.41M

Located at 1920 Overland Ave in Westwood, this multifamily property was recently sold in a closed transaction. The property spans across 9,831 square feet, offering 8 units to its residents. The sale price for this property was $4,410,000, resulting in a price per unit (PPU) of $551,250. The price per square foot (PPSF) for this transaction was $448.

Summary of transaction details

• Property Type: Multifamily
• Date: 03/11/2022
• Address: 1920 Overland Ave
• Market: Westwood
• Buyer: Overland Century LP - Michael Cohanzad
• Seller: Sum & Wood Management - Carson Wu
• Broker: Ramin Gheitanchi - Keller Williams Commercial Beverly Hills
• Sale Price: $4,410,000
• Units: 8
• Price per Unit (PPU): $551,250
• Square Footage (SF): 9,831
• Price per Square Foot (PPSF): $448

The buyer, Overland Century LP represented by Michael Cohanzad, acquired this property from the seller, Sum & Wood Management, represented by Carson Wu. The transaction was facilitated by broker Ramin Gheitanchi from Keller Williams Commercial Beverly Hills.