Avi Shlanger Acquires Canoga Park Multifamily Package Deal For $11.2M

Avi Shlanger has acquired a multifamily package deal in Canoga Park, Los Angeles. The property, located at 8101-8111 Remmet Ave. & 21601-21609 Strathern St., was sold by Raintree Partners. The transaction was facilitated by brokers Dean Zander and Chris Tresp of CTresp. The sale closed on January 7th, 2021, for a total price of $11,200,000. The property consists of 64 units, resulting in a price per unit of $175,000.

Summary of transation details

• Property Type: Multifamily - Package Deal
• Transaction Amount: $11,200,000
• Address: 8101-8111 Remmet Ave. & 21601-21609 Strathern St.
• Market: Canoga Park
• Buyer: Avi Shlanger
• Seller: Raintree Partners
• Brokers: Dean Zander & Chris Tresp of CTresp
• Units: 64
• Price Per Unit: $175,000

The acquisition of this multifamily package deal in Canoga Park was successfully completed by Avi Shlanger. The sale was facilitated by brokers Dean Zander and Chris Tresp, who represented the buyer throughout the transaction. Raintree Partners, the seller, agreed to the transaction, resulting in the sale of the property for $11,200,000. The package deal consists of 64 units, each priced at $175,000.