Ogan Mutaf Acquires Multifamily Property From Richar Losan In Van Nuys For $1.7375M

The property asset involved in this transaction is a multifamily building located at 14329 Gilmore Street in the Van Nuys market. The sale price for the property was $1,737,500, which consists of 8 units. The total square footage of the building is 6,224, resulting in a price per unit of $217,187 and a price per square foot of $279.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,737,500
• Units: 8
• Square Footage: 6,224
• Price Per Unit: $217,187
• Price Per Square Foot: $279
• Buyer: Ogan Mutaf
• Seller: Richar Losan
• Brokers: Akash Saini & Spartak Poghosyan - The Commercial Broker - Keller Williams Realty
• Date of Transaction: 01/13/2026

The buyer, Ogan Mutaf, participated in a 1031 exchange, allowing the acquisition of a strong value-add opportunity at an attractive basis. Akash Saini and Spartak Poghosyan, representing the broker firm, emphasized their commitment to client-first strategies in their approach to this transaction.