Karim Telis Purchases Multifamily Asset At 4421 Murietta Avenue Sherman Oaks For $6.25M

The asset involved in this transaction is a multifamily property located at 4421 Murietta Avenue in the Sherman Oaks market. The sale was completed for $6,250,000, with a total of 24 units, resulting in a price per unit of $260,416. The property covers a total square footage of 19,660, equating to a price per square foot of $317.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $6,250,000
• Units: 24
• Price Per Unit: $260,416
• Square Footage: 19,660
• Price Per Square Foot: $317
• Buyer: Karim Telis
• Seller: Robert Held
• Buyer's Representative: Morgan Mcmullin - Partners CRE
• Seller's Representative: Jonathan (Jon) Taksa - Taksa Investment Group

This transaction involved key individuals such as the buyer, Karim Telis, and the seller, Robert Held, who were represented by Morgan Mcmullin and Jonathan (Jon) Taksa, respectively. Mcmullin is associated with Partners CRE, while Taksa is affiliated with the Taksa Investment Group, highlighting the collaboration of professionals in the multifamily sector.