Vigen Ohanian Sells Multifamily Property At 4528 Murietta Avenue In Sherman Oaks For $3.65M
4528 Murietta Avenue
$3,651,500
$373/SF
Building Size
9,784 SF
Asset Type
MultiFamily
Closing
Jun 28, 2024
AI
The property located at 4528 Murietta Avenue in Sherman Oaks is a multifamily asset comprising 12 units. It has a total square footage of 9,784, with a price per unit of $304,292 and a price per square foot of $373. The transaction concluded on June 28, 2024, with a final sale price of $3,651,500.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,651,500
- Units: 12
- Square Footage: 9,784
- Price Per Unit: $304,292
- Price Per Square Foot: $373
- Seller: Vigen Ohanian
- Brokers: Sev Keshishian & Shara Parseghian - The SK Group CRE - Marcus & Millichap
Sev Keshishian and Shara Parseghian represented the brokerage firms involved in this transaction, facilitating the sale of this multifamily property. Their expertise contributed to successfully closing the deal in the Sherman Oaks market.
Players
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
4.34%
Cash-on-Cash
-1.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93