Andre Melikian Sells Multifamily Property In Glendale For $2.4M

The multifamily property located at 411 Naranja Drive in Glendale was sold for $2,400,000. The property spans 5,161 square feet, comprising 7 units, resulting in a price per unit of $342,857 and a price per square foot of $465.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,400,000
• Units: 7
• Square Footage: 5,161
• Price Per Unit: $342,857
• Price Per Square Foot: $465
• Address: 411 Naranja Drive
• Market: Glendale

The seller of the property was Andre Melikian from AOM Properties. Representing the seller was Derrick Vartanian from Lyon Stahl Investment Real Estate. The buyer's representative in this transaction was Arthur Chalekian from JohnHart Commercial Real Estate.