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4838-4846 Hazeltine Avenue

The Multi Family property located in Los Angeles that spans 14,136 square feet sold for $6,100,000 or $432 PPSF. The deal closed 5 months ago. The brokers of the deal were Glen Scher and Filip Niculete

  • Location image 4838 Hazeltine Avenue, Sherman Oaks, California 91423, United States
  • Sold Value
    image $6,100,000
    image $432
  • Asset Type image Multi Family
  • Area image 14,136 SF
  • Parties image2 Brokers,1 Agency
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Glen Scher icon

Marcus & Millichap
  • Deals 136
  • Volume $555,740,000
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Filip Niculete icon

Marcus & Millichap
  • Deals 141
  • Volume $596,250,000
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Comparables: 4838-4846 Hazeltine Avenue

Showing 4 of 122

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Price Icon $5,900,000

  • StatusSOLD
  • Date09/09/22
  • Address4910 North Maywood Avenue, Los Angeles, California 90041, United States
  • Address4910 North...
  • AssetMULTI FAMILY
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Price Icon $6,300,000

  • StatusSOLD, $263 PPSF
  • Date08/17/22
  • Address535 Greenfield Drive, El Cajon, California 92021, United States
  • Address535 Greenfield...
  • AssetMULTI FAMILY
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Price Icon $6,817,000

  • StatusSOLD, $749 PPSF
  • Date08/10/22
  • Address1210 Larrabee Street, West Hollywood, California 90069, United States
  • Address1210 Larrabee...
  • AssetMULTI FAMILY
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Price Icon $6,125,000

  • StatusSOLD, $370 PPSF
  • Date07/26/22
  • Address710 Claraday Street, Glendora, California 91740, United States
  • Address710 Claraday...
  • AssetMULTI FAMILY
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This Deal on Social

SALE
IMAGE: Glen Scher & Filip Niculete
DATE: 04/29/2022
ADDRESS: 4838-4846 Hazeltine Ave.
MARKET: Sherman Oaks
ASSET TYPE: Multifamily

BUYER: Amit Kleinberger
SELLER: Frank Moll & Evan Levi
BROKERS: Filip Niculete (@FNiculete) & Glen Scher (@ScherGlen) (LAAA Team) (@LAAATeam) – Marcus & Millichap (@MarcusMillichapLosAngeles)

SALE PRICE: $6,100,000
UNITS: 16 ~ PPU: $381,250
SF: 14,136 ~ PPSF: $431
GRM: 15.49x
CAP: 4.07%

NOTE FROM BROKER: 16 Units
Sherman Oaks

1031 Exchange Buyer &
Seller Exchanging into NNN

#3 Highest Price/Unit Ever for
Sherman Oaks Rent Controlled

Closed at $6,100,000
$381,250 per Unit
$431.52 per SqFt
4.07% CAP Rate
15.49 GRM

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SALE
IMAGE: Glen Scher & Filip Niculete
DATE: 04/29/2022
ADDRESS: 4838-4846 Hazeltine Ave.
MARKET: Sherman Oaks
ASSET TYPE: Multifamily

BUYER: Amit Kleinberger
SELLER: Frank Moll & Evan Levi
BROKERS: Filip Niculete (@FNiculete) & Glen Scher (@ScherGlen) (LAAA Team) (@LAAATeam) – Marcus & Millichap (@MarcusMillichapLosAngeles)

SALE PRICE: $6,100,000
UNITS: 16 ~ PPU: $381,250
SF: 14,136 ~ PPSF: $431
GRM: 15.49x
CAP: 4.07%

NOTE FROM BROKER: 16 Units
Sherman Oaks

1031 Exchange Buyer &
Seller Exchanging into NNN

#3 Highest Price/Unit Ever for
Sherman Oaks Rent Controlled

Closed at $6,100,000
$381,250 per Unit
$431.52 per SqFt
4.07% CAP Rate
15.49 GRM

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Contact Glen Scher

"Glen Scher is a senior associate at Marcus & Millichap’s Encino, California office. Glen specializes in the acquisition and disposition...

"Upon graduating from San Diego State University, Filip began his career in finance as a financial advisor. In 2011 he...

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