Sevak Mkrtchyan Acquires Multifamily Asset At 4259 Cahuenga Boulevard For $1.58M With Broker Jordan Asheghian

The property asset involved in the transaction is a multifamily unit located at 4259 Cahuenga Boulevard in the Toluca Lake market. The asset was sold for $1,580,000, encompassing a total square footage of 4,320, which calculates to a price per square foot of $365.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,580,000
• Sale Date: 06/26/2026
• Buyer: Sevak Mkrtchyan
• Seller: Mike Oechsel
• Broker: Jordan Asheghian - Lyon Stahl Investment Real Estate
• Closing Duration: 45 Days
• List Price Percentage Achieved: 99%
• Number of Offers Received: Multiple
• Number of Tours Conducted: 12

Key individuals in this transaction include the buyer, Sevak Mkrtchyan, and the seller, Mike Oechsel, both of whom played significant roles in this real estate deal. The broker representing the transaction is Jordan Asheghian from Lyon Stahl Investment Real Estate, further emphasizing the involvement of a professional team in facilitating the transaction.