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Lotfollah Shokrian Acquires Multifamily Property In Van Nuys For $2.05M

Property Image
SOLD
$2,045,000
Andy Kawatra
LS

California

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MultiFamily6,500 SF
Sold 08/24/2022
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Property Image
SOLD

Lotfollah Shokrian Acquires Multifamily Property In Van Nuys For $2.05M

14843 Gilmore Street, Van Nuys, California 91411, United States

See Similar Deals
MultiFamily6,500 SF
Sold 08/24/2022
Andy Kawatra
LS
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$314
Total Square Footage:6,500 SF
Transaction Type:Sale

Located at 14843 Gilmore St in Van Nuys, this multifamily property recently sold for a price of $2,045,000. The property consists of 8 units, with a price per unit (PPU) of $255,625. Spanning across 6,500 square feet, the property boasts a price per square foot (PPSF) of $315.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,045,000
  • Address: 14843 Gilmore St, Van Nuys
  • Market: Van Nuys
  • Buyer: Lotfollah Shokrian
  • Seller: Lauri Shahar
  • Broker: Andy C. Kawatra - Marcus & Millichap

The buyer, Lotfollah Shokrian, acquired this multifamily property from seller Lauri Shahar. Representing the transaction as the broker is Andy C. Kawatra from Marcus & Millichap.

Players

Andy Kawatra
Marcus & Millichap
Andy Kawatra
27 deals$83M volume
BROKER
LS
Lauri Shahar
3 deals$5.3M volume
SELLER

Details

SOLD
IMAGE: Andy C. Kawatra DATE: 08/24/2022 ADDRESS: 14843 Gilmore St MARKET: Van Nuys ASSET TYPE: Multifamily BUYER: Lotfollah Shokrian SELLER: Lauri Shahar BROKER: Andy C. Kawatra (@Gettinswiggywitit) - Marcus & Millichap (@MarcusMillichapLosAngeles) SALE PRICE: $2,045,000 UNITS: 8 ~ PPU: $255,625 SF: 6,500 ~ PPSF: $315

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Debt Service Coverage Ratio (DSCR)

0.94x

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