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Avi Shlander Acquires 53-Unit Multifamily Property In San Fernando Valley For $12.4M

7115 Milwood Avenue
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This MultiFamily property located in CA was sold for $12,400,000 about 2 years ago. The brokers of the deal were Posh Manoochehri and Akash Saini

A multifamily property located at 7115 Milwood Ave in the San Fernando Valley has been sold for a total of $12,400,000. The property consists of 53 units, with an average price per unit of $233,962. The total square footage of the property is 29,772, with a price per square foot of $416.50.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $12,400,000
  • Address: 7115 Milwood Ave
  • Market: San Fernando Valley
  • Buyer: Avi Shlander
  • Seller: Steven Schwartz-PTR
  • Brokers: Posh Manoochehri & Akash Saini

The property, built in 1977, is located in Canoga Park. This transaction was conducted off-market, with both the seller and the buyer represented by the brokers, Posh Manoochehri and Akash Saini.

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Deals
  • Location
    7115 Milwood Ave, San Fernando Valley7115 Milwood Ave, San Fernando Valley
  • Sale Price
    $12,400,000$12,400,000
    $416 PPSF$416 PPSF
  • Area
    29,772 SF29,772 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Posh Manoochehri

Posh Manoochehri

Deals1
Sold$12.4M

Agency

Keller Williams

Keller Williams

Agency
Deals1208
Volume$6B

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Deal Summary

SALE IMAGE: Akash Saini DATE: 02/18/2022 ADDRESS: 7115 Milwood Ave. MARKET: San Fernando Valley ASSET TYPE: Multifamily BUYER: Avi Shlander SELLER: Steven Schwartz-PTR BROKERS: Posh Manoochehri & Akash Saini (@AkashDSaini) SALE PRICE: $12,400,000 UNITS: 53 ~ PPU: $233,962 SF: 29,772 ~ PPSF: $416.50 NOTE FROM BROKER: 53 Units 1977 Built Canoga Park Sold Off Market Brokers Represented Both SELLER and BUYER.

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7115 Milwood Avenue

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