LA Apartments Acquires Multifamily Property In Tarzana For $9M

The multifamily property located at 18414 Collins Street in Tarzana has been sold in a recent transaction. The property consists of 45 units with a total area of 27,262 square feet. The sale price amounted to $9,000,000, resulting in a per unit price of approximately $200,000. The price per square foot for the property is approximately $330.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $9,000,000
• Address: 18414 Collins Street, Tarzana
• Market: Tarzana
• Buyer: LA Apartments - Avi Shlanger
• Seller: Empire USA - Steven Hartunian
• Brokers: Reza Ghobadi & Tony Sameyah - Colliers International

The buyer in this transaction was Avi Shlanger, representing LA Apartments. On the other hand, the seller was Steven Hartunian from Empire USA. The deal was facilitated by brokers Reza Ghobadi and Tony Sameyah from Colliers International.