Javad Valleie Sells Van Nuys Development Site For $1.075M
16647 Victory Boulevard
Development Site
Sold 300 days ago
Summary
A development site located at 16647 Victory Boulevard in Van Nuys has recently sold for $1,075,000. The property, situated in the Van Nuys market, is a development site with the potential for future construction.
Summary of transation details
- Property Type: Development Site
- Transaction Amount: $1,075,000
- Seller: Javad Valleie
- Brokers: Filip (Fil) Niculete, Glen Scher, and Matt Ziegler - LAAA Team - Marcus & Millichap
- Note from Broker: Near RTI Development in Van Nuys. Sold at Full List Price. Less than 30 Days on Market. List to Close in Under 90 Days. Closed Escrow at $1,075,000. $268,750 per Buildable-Unit. $172.33 per Land-SqFt
Leading the transaction were brokers Filip (Fil) Niculete, Glen Scher, and Matt Ziegler from the LAAA Team at Marcus & Millichap. They successfully closed the deal within a short timeframe, less than 30 days on the market, and managed to sell the property for the full list price of $1,075,000. The transaction progressed smoothly and closed escrow promptly, completing the sale in under 90 days.
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16647 Victory Boulevard
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