Updated Aug 24, 2026
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:
- Property Type: Other
- Transaction Amount: $1,360,000
- Address: 18438 Ventura Boulevard
- Market: Tarzana
- Square Footage: 3,071
- Price Per Square Foot: $442
- Buyer: Vinny Nazerian
- Seller: Michael Narvid
- Broker Representatives: Andy Hairabedian, Talar Ohanian, Karine Aslanian, & Christie's International Real Estate
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
Tarzana Other Market Snapshot
Boundary boundary · Other · Sale transactions
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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