Danny Soroudi Acquires Multifamily Property In Van Nuys For $8.1M

The property asset involved in the transaction is a multifamily unit located at 13925 Sherman Way in the Van Nuys market. The sale price for the property was $8,090,000, and it consists of 30 units, providing a price per unit (PPU) of $269,667. The total square footage of the property is 28,600, which results in a price per square foot (PPSF) of $283.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $8,090,000
• Units: 30
• Price Per Unit: $269,667
• Square Footage: 28,600
• Price Per Square Foot: $283
• Buyer: Danny Soroudi
• Seller: Deutsch Family
• Broker: Rick Raymundo - Marcus & Millichap

This transaction highlights the key individuals involved, with Danny Soroudi acting as the buyer and the Deutsch Family as the seller. Representing the deal is broker Rick Raymundo from Marcus & Millichap.