Nora Hollinger Acquires Multifamily Property In Reseda And Van Nuys For $2.755M

The asset involved in this transaction is a multifamily property located at 7460 Canby Avenue & 6525 Sepulveda Boulevard in the markets of Reseda and Van Nuys. The sale price was $2,755,000, comprising 9 units. The total square footage of the property is 7,021, resulting in a price per unit of $306,111 and a price per square foot of $392.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,755,000
• Units: 9
• Square Footage: 7,021
• Price Per Unit: $306,111
• Price Per Square Foot: $392
• Buyer: Nora Hollinger
• Seller: Vandidad Rasouli
• Brokers: Chase Simonton, Joshua Merrin & John Sarna - Re/Max

The transaction was facilitated by the brokerage team of Chase Simonton, Joshua Merrin, and John Sarna, representing the parties involved in this deal. Their expertise in the local market contributed to the successful completion of this real estate transaction.