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14550 Burbank Boulevard

Mike Shaghiya Acquires Multifamily Property In Sherman Oaks For $2,300,000 With Brokers Akash Saini & Samuel P. Manoochehri
SOLDMultiFamily

Mike Shaghiya Acquires Multifamily Property In Sherman Oaks For $2,300,000 With Brokers Akash Saini & Samuel P. Manoochehri

14550 Burbank Boulevard

$2,300,000

$347/SF

Building Size

6,626 SF

Asset Type

MultiFamily

Closing

Jun 12, 2026

AI

The property asset involved in this transaction is a multifamily building located at 14550 Burbank Boulevard in Sherman Oaks. The sale price was $2,300,000, encompassing a total of 6 units with a price per unit of $383,333. The building has a total square footage of 6,626, resulting in a price per square foot of $347.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,300,000
  • Address: 14550 Burbank Boulevard
  • Market: Sherman Oaks
  • Units: 6
  • Price Per Unit: $383,333
  • Square Footage: 6,626
  • Price Per Square Foot: $347
  • Buyer: Mike Shaghiya
  • Seller: Soon Kang
  • Buyer's Representative: Akash Saini & Samuel P. Manoochehri - Keller Williams Realty
  • Seller's Representative: Jayden Mo
This transaction highlights the involvement of key individuals, including buyer Mike Shaghiya and seller Soon Kang, along with their respective representatives. The buyer was represented by Akash Saini and Samuel P. Manoochehri from Keller Williams Realty, while the seller was represented by Jayden Mo.

Players

Akash Saini
Verified Badge

Akash Saini

Keller Williams Realty

Broker

$86.2M

vol

27 deals

Broker

Mike Shaghiyan

Buyer

$5.9M

vol

2 deals

Buyer

Soon Kang

Seller

$2.3M

vol

1 deal

Seller

Sherman Oaks MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.90%

Cash-on-Cash

-1.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93