SOLD
Jacob Barzivand Acquires Multifamily Property In Sherman Oaks For $2.4M
14926 Dickens Street
MultiFamily
6,521 SF
6,521 SF
Sold 54 days ago
Summary
Sale
CALIFORNIA
MultiFamily
6,521 sqft
The multifamily property located at 14926 Dickens Street in Sherman Oaks was recently sold for $2,400,000. The property consists of 8 units with a price per unit of $300,000. Spanning 6,521 square feet, the property was sold at a price per square foot of $368. The Gross Rent Multiplier (GRM) for this transaction was 11.97, and the Capitalization Rate (CAP) stood at 5.08%.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $2,400,000
- Units: 8
- Square Footage: 6,521
- Price Per Unit: $300,000
- Price Per Square Foot: $368
- Market: Sherman Oaks
The sale was facilitated by Michael Monempour of Lyon Stahl Investment Real Estate and David Saghian of Kidder Mathews. The buyer, Jacob Barzivand, acquired the property from the seller, Alex Neho.
Players
All
4
Agents
2
Agencies
2
Details
SOLD
IMAGE: Michael Monempour & David Saghian
DATE: 03/08/2024
ADDRESS: 14926 Dickens Street
MARKET: Sherman Oaks
ASSET TYPE: Multifamily
BUYER: Jacob Barzivand
SELLER: Alex Neho
BROKERS: Michael Monempour (@Michael.Monem) - Lyon Stahl Investment Real Estate (@LyonStahl); David Saghian (@DavidSaghian10) - Kidder Mathews (@Kidder.Mathews)
SALE PRICE: $2,400,000
UNITS: 8 ~ PPU: $300,000
SF: 6,521 ~ PPSF: $368
GRM: 11.97
CAP: 5.08%View on map
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Address14926 Dickens Street
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