Avi Shlander Acquires 53-Unit Multifamily Property In San Fernando Valley For $12.4M

A multifamily property located at 7115 Milwood Ave in the San Fernando Valley has been sold for a total of $12,400,000. The property consists of 53 units, with an average price per unit of $233,962. The total square footage of the property is 29,772, with a price per square foot of $416.50.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $12,400,000
• Address: 7115 Milwood Ave
• Market: San Fernando Valley
• Buyer: Avi Shlander
• Seller: Steven Schwartz-PTR
• Brokers: Posh Manoochehri & Akash Saini

The property, built in 1977, is located in Canoga Park. This transaction was conducted off-market, with both the seller and the buyer represented by the brokers, Posh Manoochehri and Akash Saini.