David Pourbaba & David Shalom Acquire Canoga Park And Winnetka Multifamily For $17.5M

The multifamily property located at 21707 Saticoy Street & 20815 Sherman Way in Canoga Park and Winnetka has been sold in a transaction that closed on January 28, 2022. The property consists of 77 units with a total square footage of 60,168. The sale price for this transaction was $17,500,000, resulting in a price per unit of $227,272 and a price per square foot of $290.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $17,500,000
• Units: 77
• Price per Unit: $227,272
• Total Square Footage: 60,168
• Price per Square Foot: $290
• Market: Canoga Park, Winnetka

The buyer in this transaction were David Pourbaba and David Shalom, while the seller was Bruce Bernard. The deal was facilitated by Adam Feldman, Daniel Withers, and John Boyett from Matthews Real Estate Investment Services, along with Richard Ringer from Marcus and Millichap.