Charles Dunn Company Closes $8.5 Million Multifamily Sale

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By The Hoyt Organization -

Torrance, CA – March 22, 2011 – (RealEstateRama) — Hamid Soroudi of Charles Dunn Company’s West Los Angeles office has closed on the sale of a 24,258-square-foot multifamily property located at 16070 W. Sunset Blvd. for $8.5 million.

Soroudi represented the buyer, Xenon Investment Corp. The broker of the seller, Acron II (Los Angeles) Partners, was not disclosed. According to Soroudi, the property has not closed yet, however, the buyer has agreed to pay commission prior to closing.

About Charles Dunn Company
Charles Dunn Company is one of the largest full-service brokerage firms on the West Coast. Established in 1921, the Los Angeles-based company provides a full complement of real estate services. For more information and office locations, please visit www.charlesdunn.com.

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Ranked as one of the top 25 public relations firms in Los Angeles by the Los Angeles Business Journal, The Hoyt Organization is a full-service, strategic communications firm that provides complete public relations counseling and crisis communication services. With more than two decades of experience, the firm specializes in developing public relations, social media and digital marketing programs for business-to-business, real estate, professional service firms, financial entities, healthcare organizations, as well as retail, legal, technology and business-to-consumer-based companies.

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