Alexanian Apartment Advisors Represents $5.8M Multifamily Sale In Glendale

The multifamily property located at 135 N Verdugo Rd in Glendale has been sold for a record-breaking price of $5,800,000. This transaction marks the highest dollar multifamily sale in Glendale in the past 200 days. The property spans across 13,020 square feet, resulting in a price per square foot of $445. Greg Alexanian from Alexanian Apartment Advisors represented the parties involved in this sale, further solidifying their position as the dominant advisory team for apartment owners in Glendale and Burbank.

Summary of transaction details:

• Property Type: Multifamily
• Sale Price: $5,800,000
• Square Footage: 13,020 sq ft
• Price Per Square Foot: $445
• Date: 06/08/2021
• Address: 135 N Verdugo Rd, Glendale
• Market: Glendale

This transaction not only sets a new benchmark for multifamily property sales in Glendale but also highlights the expertise and success of Greg Alexanian and Alexanian Apartment Advisors. With a portfolio of over $43,000,000 in current inventory and representing more than 3,100 units, they continue to lead the way in advising apartment owners in Glendale and Burbank. For inquiries, potential clients can reach out to Greg Alexanian at (818) 239-1206 or via email at [email protected].