John Rahb Purchases Multifamily Property From Joe Benard For $2.15 Million In Sherman Oaks

The property asset involved in this transaction is located at 14825 Magnolia Boulevard in Sherman Oaks. It is a multifamily asset consisting of 11 units. The total square footage of the property is 7,632, with a sale price of $2,150,000. The price per unit is calculated at $195,454, and the price per square foot is $281.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,150,000
• Units: 11
• Square Footage: 7,632
• Price Per Unit: $195,454
• Price Per Square Foot: $281
• Buyer: John Rahb
• Seller: Joe Benard
• Broker: Nathan Shaolian - Kidder Mathews
• Note: Part of a 3-Property Portfolio
• Seller’s 1031 Exchange Down-Leg

The key individuals involved in the deal include buyer John Rahb and seller Joe Benard. Nathan Shaolian from Kidder Mathews represented the seller in this transaction. For more details, interested parties can contact Nathan Shaolian directly.