The multifamily property located at 14618 Sylvan Street in Van Nuys has been sold for $4,000,000. The property spans a total of 10,550 square feet and has a price per square foot of $379.15. It consists of 10 units, with a price per unit of $400,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,000,000
• Address: 14618 Sylvan Street
• Market: Van Nuys
• Square Footage: 10,550
• Price per Square Foot: $379.15
• Number of Units: 10
• Price per Unit: $400,000

The buyer of the property is Kamran Rafie, while the seller is Fred Schulcz. The deal was facilitated by Casey Picard from Aggregate Investment Partners and Robert Narchi from Marcus & Millichap.