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18438 Ventura Boulevard

Updated Aug 24, 2026

Vinny Nazerian Acquires Other Asset In Tarzana For $1.36M With Brokers Andy Hairabedian Talar Ohanian Karine Aslanian
SOLDOther

Vinny Nazerian Acquires Other Asset In Tarzana For $1.36M With Brokers Andy Hairabedian Talar Ohanian Karine Aslanian

18438 Ventura Boulevard

$1,360,000

$442/SF

Building Size

3,071 SF

Asset Type

Other

Closing

Aug 14, 2026

About this deal

AI

The property asset involved in this transaction is located at 18438 Ventura Boulevard in Tarzana, categorized as 'Other'. It was sold for a total amount of $1,360,000. The square footage of the property is 3,071, translating to a price per square foot of $442. This property was recognized as a prime location on Ventura Boulevard and was part of an off-market development deal.

Summary of transaction details:

The key individuals involved in this transaction include the buyer, Vinny Nazerian, and the seller, Michael Narvid. The brokers facilitating the sale were Andy Hairabedian, Talar Ohanian, and Karine Aslanian from Christie's International Real Estate, representing the interests in the deal.

Players

Andy Hairabedian

The Agency

Broker

$24M

vol

7 deals

Broker

Tarzana Other Market Snapshot

Boundary boundary · Other · Sale transactions

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Deal FAQ

About $442 per square foot on a published $1.4M for 3,071 square feet (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

11.66%

Cash-on-Cash

-3.33%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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