John Sarafian Acquires Industrial Property In Sun Valley From Terry Davis For $4M

A industrial property located at 11353 Penrose Street in Sun Valley has been sold. The property spans 12,414 square feet and was sold for a price of $4,000,000, resulting in a price per square foot of $322.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $4,000,000
• Address: 11353 Penrose Street
• Market: Sun Valley

John Sarafian purchased the property from Terry Davis. Blas Fernandez and Brian Vu of IKON Properties LA, representing Terry Davis, facilitated the transaction.