Deepak Mehta Buys 39-Unit Multifamily Property In San Fernando Valley For $9.1M

The multifamily property located at 18424 Halsted Street in San Fernando Valley has been sold in a closed transaction. The property consists of 39 units with a total square footage of 26,763. The sale price for the property was $9,100,000, resulting in a price per unit of $233,333 and a price per square foot of $340.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $9,100,000
• Address: 18424 Halsted Street
• Market: San Fernando Valley
• Buyer: Deepak Mehta - Westside Habitats
• Seller: Phillip Salet
• Brokers: Daniel Withers & John Boyett - Matthews Real Estate Investment Services
• Units: 39
• Price per Unit: $233,333
• Square Footage: 26,763
• Price per Square Foot: $340

The buyer of the property was Deepak Mehta, represented by Westside Habitats. The seller was Phillip Salet. The brokers involved in the transaction were Daniel Withers and John Boyett from Matthews Real Estate Investment Services.