Mark Golastani Acquires Development Site In Thousand Oaks From Goldman Sachs

Located in Thousand Oaks, the development site at 1816-1818 Los Feliz Dr has been sold in a recent transaction. The property spans across 24,713 square feet and has a price per square foot of $47.75. The sale price for the site was $1,180,000. This development site consists of 17 units, with an average price per unit of $69,412.

Summary of transaction details

• Property Type: Development site
• Transaction Amount: $1,180,000
• Address: 1816-1818 Los Feliz Dr, Thousand Oaks
• Market: Thousand Oaks
• BSF: 24,713 square feet
• PPSF: $47.75
• Units: 17
• PPU: $69,412

The buyer of the property was Mark Golastani, while Goldman Sachs served as the seller. The transaction was facilitated by Filip Niculete and Glen Scher from Marcus & Millichap LAAA Team, who represented both parties involved in the deal.