Joe Moadeb & Sam Jenkala Acquire Multifamily Asset In Sherman Oaks For $12.1M

The property involved in this transaction is a multifamily asset located at 4540 Natick Avenue in the Sherman Oaks market. The sale price for this property was $12,100,000, and it comprises 36 units, yielding a price per unit of $336,111. The total square footage of the property is 47,060, resulting in a price per square foot of $257.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $12,100,000
• Units: 36
• Price Per Unit: $336,111
• Square Footage: 47,060
• Price Per Square Foot: $257
• Buyer: Joe Moadeb & Sam Jenkala
• Seller: Robert Corry
• Brokers: Michael Sterman, Brett Sanson & Jeffrey Louks - Marcus & Millichap

Joe Moadeb and Sam Jenkala represented the buyers in this transaction, while Robert Corry was the seller. The brokerage team from Marcus & Millichap, consisting of Michael Sterman, Brett Sanson, and Jeffrey Louks, facilitated the deal.