A multifamily property located at 12100 Valley Spring Lane in Studio City has been sold in a closed transaction. The property consists of 20 units with a total square footage of 20,392. The transaction was facilitated by brokers Filip Niculete, Glen Scher, Jonathan Erster, and Melinda Russell from LAAATeam. The property was sold for a price of $7,900,000, resulting in a price per square foot of $387.41. The price per unit was $395,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $7,900,000
• Address: 12100 Valley Spring Lane
• Market: Studio City
• Brokers: Filip Niculete, Glen Scher, Jonathan Erster, Melinda Russell @LAAATeam

During the transaction, Filip Niculete, Glen Scher, Jonathan Erster, and Melinda Russell from LAAATeam acted as representatives for the involved parties. The sale of this multifamily property highlights the expertise and professionalism of the brokers involved.