Vana Mehrabian Acquires Multifamily Property In Toluca Lake For $7.6M

A multifamily property located at 4406 Cahuenga Boulevard in Toluca Lake, CA has been sold in a recent transaction. The property consists of 18 units with a total square footage of 14,455. The sale price for this asset was $7,625,000, resulting in a price per unit of $423,611 and a price per square foot of $527.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $7,625,000
• Address: 4406 Cahuenga Boulevard, Toluca Lake, CA
• Market: Toluca Lake, CA
• Buyer: Vana Mehrabian
• Seller: Deepak Mehta
• Broker: Vince Norris - NorthMarq
• Units: 18
• Price per Unit: $423,611
• Square Footage: 14,455
• Price per Square Foot: $527

Vince Norris from NorthMarq represented the buyer and seller in this transaction.