Hill Street Realty Acquires Multifamily Property In Reseda, CA For $14.75M

The multifamily property located at 7918 Reseda Blvd in Reseda, CA has been sold in a closed transaction. The property consists of 42 units with a total square footage of 42,050. The sale price for this transaction was $14,750,000, resulting in a price per unit of $351,190 and a price per square foot of $351.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $14,750,000
• Units: 42
• Price per Unit: $351,190
• Square Footage: 42,050
• Price per Square Foot: $351

Hill Street Realty was the buyer in this transaction. The deal was facilitated by Dean Zander, Chris Tresp, and Stew Weston from CBRE acting as brokers representing Hill Street Realty.