20631 Ventura Partnership, LP Acquires 14,550 SF Van Nuys Property For $5.5M

The property located at 13626 Vanowen St in Van Nuys has been sold in a recent transaction. The sale occurred on July 16, 2019, and the property was purchased by 20631 Ventura Partnership, LP from 4M Redmaple, LLC. The transaction was facilitated by brokers Elizabeth Clark and Chris Chasin from Compass, as well as Steven Schechter, Marty Agnew, and Ryan Sterling from Marcus & Millichap.

Summary of transaction details

• Property Type: Not indicated
• Transaction Amount: $5,500,000
• Square Footage: 14,550
• Price per Square Foot: $378.01

The buyer in this transaction is 20631 Ventura Partnership, LP, and the seller is 4M Redmaple, LLC. The deal was coordinated by brokers Elizabeth Clark and Chris Chasin from Compass, along with Steven Schechter, Marty Agnew, and Ryan Sterling from Marcus & Millichap. The property spans a total of 14,550 square feet and sold for a price of $5,500,000, resulting in a price per square foot of $378.01.