DEAL OF THE DAY: Charles Dunn Closes on $6.35M Sale of Small Apt. Property

Westwood, Calif.—Hamid Soroudi and Ramin Gheitanchi of Charles Dunn Company’s West Los Angeles office recently closed a 24-unit luxury apartment for $6.35 million.

Soroudi, who represented the buyer, Xenon Investment Corp., says the purchase was in cash. Located at 1371 S. Beverly Glen Blvd. in Westwood, Calif., the luxury apartment complex was sold after a short marketing period.

The seller, 1371 Beverly Glen Partnership, was represented by Soroudi and Gheitanchi. The Soroudi Group specializes in the sale and exchange of multi-residential properties.