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4528 Murietta Avenue

Vigen Ohanian Sells Multifamily Property At 4528 Murietta Avenue In Sherman Oaks For $3.65M
SOLDMultiFamily

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

Sevak Keshishian

Marcus & Millichap

Broker

$77.8M

vol

16 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

4.34%

Cash-on-Cash

-1.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93