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4434 Fulton Avenue

Fred Wol Acquires Multifamily Property In Sherman Oaks For $6,325,000 With Buyer's Representatives Akash Saini, Samuel P. Manoochehri, Leila Partian
SOLDMultiFamily

Fred Wol Acquires Multifamily Property In Sherman Oaks For $6,325,000 With Buyer's Representatives Akash Saini, Samuel P. Manoochehri, Leila Partian

4434 Fulton Avenue

$6,325,000

$365/SF

Building Size

17,307 SF

Asset Type

MultiFamily

Closing

Jun 4, 2026

AI

The property involved in this transaction is a multifamily asset located at 4434 Fulton Avenue in Sherman Oaks. The sale price for this asset was $6,325,000, featuring a total of 20 units. The building encompasses a square footage of 17,307, with a price per unit of $316,250 and a price per square foot of $365.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $6,325,000
  • Address: 4434 Fulton Avenue
  • Market: Sherman Oaks
  • Units: 20
  • Price Per Unit: $316,250
  • Square Footage: 17,307
  • Price Per Square Foot: $365
  • Buyer: Fred Wol
  • Seller: Tony Antoniu
  • Seller's Representative: Jessica Robertson
  • Buyer's Representatives: Akash Saini, Samuel P. Manoochehri, Leila Partian - Keller Williams Realty

This transaction emphasizes the collaboration between the buyer's and seller's representatives, illustrating the approach taken to align the deal with the buyer's investment goals, particularly under the constraints of a 1031 exchange deadline and limited inventory. The teamwork displayed in this successful transaction highlights the importance of building strong relationships in real estate deals.

Players

Akash Saini
Verified Badge

Akash Saini

Keller Williams Realty

Broker

$86.2M

vol

27 deals

Broker

Sherman Oaks MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.51%

Cash-on-Cash

-0.72%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93