Loyal Moving Company Acquires Industrial Property In San Fernando Valley For $1.1M

Located in San Fernando Valley, the industrial property at 3321 Burton Ave has recently been sold. The transaction took place on July 2, 2020, with a sale price of $1,135,000. The property spans a total area of 2,440 square feet, amounting to a price per square foot of $465.16. This transaction was successfully completed despite the challenging circumstances posed by the COVID-19 pandemic.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $1,135,000
• Address: 3321 Burton Ave
• Market: San Fernando Valley
• Square Footage: 2,440
• Price per Square Foot: $465.16
• Buyer: @LoyalMoving Company
• Broker: Alex Matevosian @Matevosian_CRE

Alex Matevosian, representing Matevosian_CRE, facilitated the transaction as the broker. Despite the challenges posed by the pandemic, the sale was successfully completed, showcasing resilience and adaptability in the real estate market.