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Institutional Property Advisors - Marcus & Millichap Facilitates $21M Sale Of Multifamily Property On Addison St. In Sherman Oaks

14320 Addison Street
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This MultiFamily property located in CA was sold for $21,000,000 over 1 year ago. The brokers of the deal were Kevin Green, Joseph "Joe" Grabiec, and Gregory (Greg) Harris

The multifamily property located at 14320 Addison Street in Sherman Oaks has been sold in a closed transaction. The sale was facilitated by Kevin Green, Joseph Grabiec, and Greg Harris of Institutional Property Advisors - Marcus & Millichap. The transaction took place on August 29, 2022.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $21,000,000
  • Units: 57
  • Price Per Unit: $368,421

Kevin Green, Joseph Grabiec, and Greg Harris, acting as brokers from Institutional Property Advisors - Marcus & Millichap, were involved in the sale of the property. They represented the buyer and the seller in the transaction, offering their expertise in the Sherman Oaks market. This successful deal highlights the strong demand for multifamily properties in the area.

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Deals
  • Location
    14320 Addison Street, Sherman Oaks, California 91423, United States14320 Addison Street, Sherman Oaks, California 91423, United States
  • Sale Price
    $21,000,000$21,000,000
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    3 Brokers, 1 Agency3 Brokers, 1 Agency

Agents

Kevin Green

Kevin Green

Deals35
Sold$2.5B

Agency

Marcus & Millichap

Marcus & Millichap

Agency
Deals6999
Volume$66B

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Deal Summary

SALE IMAGE: Kevin Green, Greg Harris & Joseph Grabiec DATE: 08/29/2022 ADDRESS: 14320 Addison Street MARKET: Sherman Oaks ASSET TYPE: Multifamily BROKERS: Kevin Green, Joseph Grabiec & Greg Harris - Institutional Property Advisors - Marcus & Millichap (@MarcusMillichapLosAngeles) SALE PRICE: $21,000,000 UNITS: 57 ~ PPU: $368,421

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14320 Addison Street

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