Albert Navi Acquires Multifamily Asset From Robert Tamkin For $8.45M In Northridge

The property asset involved in this transaction is a multifamily building located at 8523 Etiwanda Avenue in the Northridge market. It consists of 48 units, with a total square footage of 38,234. The sale price of the property was $8,450,000, resulting in a price per unit of $176,041 and a price per square foot of $221.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $8,450,000
• Units: 48
• Square Footage: 38,234
• Price Per Unit: $176,041
• Price Per Square Foot: $221
• Buyer: Albert Navi
• Seller: Robert Tamkin
• Broker: Rob Renshaw - Taksa Investment Group

This transaction highlights the involvement of Albert Navi as the buyer and Robert Tamkin as the seller. Rob Renshaw from Taksa Investment Group represented the transaction, facilitating the deal between the buyer and seller, contributing expertise in the multifamily real estate market.