LAAATeam Acquires Van Nuys Multifamily For $5.45M At 14403-14409 Tiara St

An eight-unit multifamily property located at 14403-14409 Tiara St in Van Nuys has been sold for $5,450,000. The property spans 14,400 square feet, resulting in a price per square foot of $378.47. Each unit was sold for an average price of $681,250.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $5,450,000
• Address: 14403-14409 Tiara St
• Market: Van Nuys
• Total Square Footage: 14,400
• Price per Square Foot: $378.47
• Number of Units: 8
• Price per Unit: $681,250

The sale of this multifamily property was facilitated by Filip Niculete, Glen Scher, and Arash Memary from the LAAATeam.