Stephen Plut Purchases Multifamily Property In Sherman Oaks For $10.06M

The property involved in this transaction is a multifamily asset located at 4706 Sepulveda Boulevard in Sherman Oaks. It comprises 29 units, encompassing a total area of 38,895 square feet. The transaction was completed with a sale price of $10,055,000, resulting in a price per unit of $346,724 and a price per square foot of $258.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $10,055,000
• Address: 4706 Sepulveda Boulevard
• Market: Sherman Oaks
• Units: 29
• Square Feet: 38,895
• Price Per Unit: $346,724
• Price Per Square Foot: $258
• Buyer: Stephen Plut
• Brokers: Jennifer Buchanan & Akash Saini - Keller Williams Realty

The transaction was characterized by effective brokerage efforts, as noted by the brokers involved. Both Jennifer Buchanan and Akash Saini executed the deal intelligently, ensuring a smooth process for both the buyer and seller, ultimately exceeding expectations in this prime Sherman Oaks market.