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Garen Gozuman Acquires Multifamily Properties In Studio City From The Nibley Family For $3.5M

4230 & 4224 Gentry Avenue
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This MultiFamily property located in CA was sold for $3,500,000 over 4 years ago. The brokers of the deal were Dennis Chernov, Adam Zunder, and David Weinberger

The multifamily property located at 4230 & 4224 Gentry Avenue in Studio City has been sold. The sale took place on October 7, 2019. The property consists of 8 units with a total area of 6,510 square feet. The sale price for this transaction was $3,500,000, resulting in a price per square foot of $537.63. The buyer, Garen Gozuman, acquired both 4224 Gentry Avenue and 4230 Gentry Avenue for future development.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $3,500,000
  • Address: 4230 & 4224 Gentry Avenue
  • Market: Studio City
  • Buyer: Garen Gozuman
  • Seller: The Nibley Family
  • Brokers: Adam Zunder, David Weinberger, Dennis Chernov
  • Square Footage: 6,510
  • Price per Square Foot: $537.63
  • Units: 8

Adam Zunder, David Weinberger, and Dennis Chernov of the Chernov Team were the brokers involved in this transaction.

It's worth mentioning that 4224 Gentry Avenue was listed on the market and sold for $1,725,000, while 4230 Gentry Avenue was sold off-market for $1,775,000. Garen Gozuman purchased both properties as a package for future development.

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Deals
  • Location
    4230 Gentry Avenue, Studio City, CA, USA4230 Gentry Avenue, Studio City, CA, USA
  • Sale Price
    $3,500,000$3,500,000
    $537 PPSF$537 PPSF
  • Area
    6,510 SF6,510 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    3 Brokers, 2 Agencies3 Brokers, 2 Agencies

Agents

David Weinberger

David Weinberger

Deals9
Sold$59.3M

Adam Zunder

Adam Zunder

Deals5
Sold$24.7M

Dennis Chernov

Dennis Chernov

Deals10
Sold$87.7M

Agencies

The Agency

The Agency

Agency
Deals359
Volume$3.5B

Keller Williams

Keller Williams

Agency
Deals1208
Volume$6B

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Deal Summary

SALE IMAGE: Adam Zunder, David Weinberger @david.weinberger & Dennis Chernov @dennischernov DATE: 10/07/2019 ADDRESS: 4230 & 4224 Gentry Avenue MARKET: Studio City ASSET TYPE: Multifamily BUYER: Garen Gozuman SELLER: The Nibley Family BROKERS: Adam Zunder, David Weinberber, Dennis Chernov @chernovteam PRICE: $3,500,000 SF: 6,510 ~ PPSF: $537.63 UNITS: 8 PPU: $437,500 NOTES: 4224 Gentry was on market and sold for $1,725,000. 4230 Gentry is directly next door and sold off-market for $1,775,000. The buyer purchased both as a package for future development.

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4230 & 4224 Gentry Avenue

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