SOLD
The Seymour Group Acquires Mission Hills Multifamily Property For $4.81M
9919 Sepulveda Boulevard
MultiFamily
22,629 SF
22,629 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
MultiFamily
22,629 sqft
The multifamily property located at 9919 Sepulveda Blvd in Mission Hills has been sold in a closed transaction. The property spans 22,629 square feet and was sold for a price of $4,810,000, resulting in a price per square foot of $212.55. It consists of 18 units, with a unit price of $267,222. The property was sold at a cap rate of 4.45% and a gross rent multiplier (GRM) of 12.98.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,810,000
- Square Footage: 22,629
- Price per Square Foot: $212.55
- Number of Units: 18
- Unit Price: $267,222
- Cap Rate: 4.45%
- Gross Rent Multiplier (GRM): 12.98
The buyer's representation in this transaction was provided by Phil Seymour and David Weinberger from The Seymour Group. The seller's representation information was not available.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: IMAGE: David Weinberger, Phil Seymour, Arash Memary, Filip Niculete, Glen Scher & Spencer Levine DATE: 09/11/2020
ADDRESS: 9919 Sepulveda Blvd
MARKET: Mission Hills
ASSET TYPE: Multifamily
PRICE: $4,810,000
SF: 22,629 / PPSF: $212.55.55
UNITS: 18 / PPU: $267,222
CAP: 4.45%
GRM: 12.98
BUYER’S REP: Phil Seymour & David Weinberger – The Seymour Group SELLER’S […]View on map
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Address9919 Sepulveda Boulevard
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