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Elon Ohan Acquires Multifamily Property From Rose Benard In Valley Village For $1.355M

Property Image
SOLD
$1,355,000

California

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MultiFamily3,670 SF
Sold 12/17/2024
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Property Image
SOLD

Elon Ohan Acquires Multifamily Property From Rose Benard In Valley Village For $1.355M

12032 Magnolia Boulevard

See Similar Deals
MultiFamily3,670 SF
Sold 12/17/2024
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$369
Total Square Footage:3,670 SF
Transaction Type:Sale

The property asset involved in this transaction is a multifamily residential building located at 12032 Magnolia Boulevard in Valley Village. The sale price was $1,355,000 for a total of 5 units, resulting in a price per unit of $271,000. The building has a total square footage of 3,670, with a price per square foot of $369.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,355,000
  • Units: 5
  • Price Per Unit: $271,000
  • Square Footage: 3,670
  • Price Per Square Foot: $369
  • Buyer: Elon Ohan
  • Seller: Rose Benard
  • Broker: Nathan Shaolian - Kidder Mathews
  • Initial Offers: 8
  • Above Asking Price: $155,000
  • Offer Type: Non-Contingent
  • Portfolio: Part of a 3-Property Portfolio

This transaction involved Nathan Shaolian representing seller Rose Benard and buyer Elon Ohan. The broker played a crucial role in navigating the initial offers and securing a non-contingent agreement for the buyer, enhancing the competitiveness of the bid within the market.

Players

Nathan Shaolian
Kidder Mathews
Nathan Shaolian
15 deals$35.4M volume(818) 642-4123
BROKER
Kidder Mathews
Kidder Mathews
BROKERAGE

Details

SOLD
IMAGE: Nathan Shaolian DATE: 12/17/2024 ADDRESS: 12032 Magnolia Boulevard MARKET: Valley Village ASSET TYPE: Multifamily BUYER: Elon Ohan SELLER: Rose Benard BROKER: Nathan Shaolian (@NathanShaolian) - Kidder Mathews (@Kidder.Mathews) SALE PRICE: $1,355,000 UNITS: 5 ~ PPU: $271,000 SF: 3,670 ~ PPSF: $369 NOTE FROM BROKER: 8 initial offers $155,000 over asking Non-Contingent Offer Part of a 3-Property Portfolio Contact Nathan Shaolian for more details.

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