Landmark Realty & Property Management Acquires Multifamily Property In Sherman Oaks For $10.1M | 4334 Stern Avenue | MultiFamily | Sale

Summary

Sale

CALIFORNIA

MultiFamily

34,674 sqft

Located in Sherman Oaks, this multifamily property at 4334 Stern Avenue was recently sold in an off-market transaction. The deal was facilitated by Tamarack Real Estate Services, which represented both the buyer, Landmark Realty & Property Management LLC, and the seller, Potkin Properties.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $10,135,000
Address: 4334 Stern Avenue
Market: Sherman Oaks

The property spans across 34,674 square feet, with a price per square foot of $292. This sale represents a successful 1031 exchange for the buyer, Landmark Realty & Property Management LLC.

David Kaufman of Tamarack Real Estate Services played a key role in facilitating this transaction, representing both the buyer and the seller in this off-market deal.

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Details

Deal Summary

SOLD

IMAGE: David Kaufman @davidbkaufman DATE: 10/31/2018 ADDRESS: 4334 Stern Avenue MARKET: Sherman Oaks ASSET TYPE: Multifamily PRICE: $10,135,000 SF: 34,674 PPSF: $292 BUYER: Landmark Realty & Property Management LLC SELLER: Potkin Properties BROKER: @DavidBKaufman @TamarackCommercial NOTE: Tamarack Real Estate Services Represented Both Buyer and Seller in Off Market Transaction. Buyer satisfied their 1031 Exchange.

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Address4334 Stern Avenue

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