Abraham Chuljiyan And Shayan Asgharnia Purchase Multifamily Asset In Sherman Oaks For $4.855M

The asset involved in this transaction is a multifamily property located at 14825 Magnolia Boulevard, 12032 Magnolia Boulevard & 1900 North Normandie Avenue, situated in the Sherman Oaks, Valley Village, Los Angeles market. The sale price for this property was $4,855,000. It contains 18 units with a price per unit of $269,722. The total square footage of the asset is 14,272, resulting in a price per square foot of $340.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,855,000
• Units: 18
• Price Per Unit: $269,722
• Square Footage: 14,272
• Price Per Square Foot: $340
• Buyer: Abraham Chuljiyan & Shayan Asgharnia
• Seller: Rosemarie Benardello
• Broker: David Saghian - Kidder Mathews

The transaction involved Abraham Chuljiyan and Shayan Asgharnia as the buyers, while Rosemarie Benardello was the seller of the multifamily property. David Saghian from Kidder Mathews acted as the broker representing the seller in this transaction.