Soon Gon Kang Acquires Multifamily Property In Sherman Oaks For $3.47M

The multifamily property located at 14550 Burbank Blvd in Sherman Oaks has been sold in a recent transaction. The sale was completed on September 15, 2022. The property consists of 6 units with a total square footage of 6,620. The sale price for this transaction was $3,477,000, resulting in an average price per unit of $579,500 and a price per square foot of $525.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $3,477,000
• Units: 6
• Price Per Unit: $579,500
• Square Footage: 6,620
• Price Per Square Foot: $525
• Address: 14550 Burbank Blvd, Sherman Oaks
• Market: Sherman Oaks

The buyer of the property is Soon Gon Kang, while the seller is Ben Tabibian. The transaction was facilitated by the brokers Reza Ghoabdi, Tony Sameyah, and Jared Papazian from Colliers. Their expertise and negotiation skills played a crucial role in the successful completion of the sale.