Artak Karapetyan Purchases Industrial Asset From Edward DeRoo For $3.2 Million In Burbank

The property asset at 3075 North California Street, situated in Burbank, is categorized as an industrial asset. The sale price for this transaction was $3,200,000, encompassing a total square footage of 9,000 square feet, which breaks down to a price per square foot of $355.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $3,200,000
• Address: 3075 North California Street
• Market: Burbank
• Square Footage: 9,000
• Price per Square Foot: $355
• Buyer: Artak Karapetyan
• Seller: Edward DeRoo
• Seller's Representative: Joshua Yaris, Ryan Rothstein-Serling & Martin Agnew - Agnew | Serling Group - Marcus & Millichap

This transaction was facilitated by the seller's representatives, Joshua Yaris, Ryan Rothstein-Serling, and Martin Agnew, who are associated with Agnew | Serling Group at Marcus & Millichap. Their involvement highlights the professional representation provided during this significant sale in the industrial market.