Rohit Mehta Acquires Multifamily Property In San Fernando Valley For $7.95M

The multifamily property located at 18404 Vincennes Street in San Fernando Valley has been sold for a price of $7,950,000. The transaction took place on 07/05/2022. The property consists of 28 units with a total square footage of 22,100. The price per unit is approximately $283,928, and the price per square foot is around $359. The buyer of the property is Rohit Mehta, represented by Westside Habitats. Carole Arnold is the seller of the property. The deal was facilitated by brokers Daniel Withers and John Boyett of Matthews Real Estate Investment Services.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $7,950,000
• Date: 07/05/2022
• Address: 18404 Vincennes Street
• Market: San Fernando Valley
• Buyer: Rohit Mehta - Westside Habitats
• Seller: Carole Arnold
• Brokers: Daniel Withers & John Boyett - Matthews Real Estate Investment Services
• Units: 28
• Price per Unit: $283,928
• Square Footage: 22,100
• Price per Square Foot: $359

The successful transaction was led by Rohit Mehta, who was accompanied by his representative from Westside Habitats. Carole Arnold served as the seller in this deal. Daniel Withers and John Boyett of Matthews Real Estate Investment Services played a crucial role as the brokers involved in bringing the buyer and the seller together.