Elevado Group Acquires Development Site In Van Nuys For $5.5M

6314, 6324 & 6330 Woodman Ave in Van Nuys, CA were sold for $5,525,000 in a recent transaction. The property, a development site, spans a total of 37,613 square feet, with a price per square foot of $147. The sale was facilitated by brokers Iman Mossanen and Neema Ahadian of Marcus & Millichap.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $5,525,000
• Address: 6314, 6324 & 6330 Woodman Ave, Van Nuys, CA
• Market: Van Nuys, CA
• Buyer: Elevado Group
• Seller: Constance Family Trust
• Brokers: Iman Mossanen & Neema Ahadian - Marcus & Millichap

Elevado Group acquired the development site from Constance Family Trust. Iman Mossanen and Neema Ahadian of Marcus & Millichap represented the buyer in the transaction.