Sussex Capital Group Acquires Multifamily Property In Granada Hills For $5M

Located in Granada Hills, the multifamily property at 17165-17169 Chatsworth Street was recently sold for $5,000,000. The transaction took place on May 19, 2021, and involved a total of 18 units, resulting in a per unit price of $277,777. The property spans approximately 18,000 square feet, with a price per square foot of $277. The buyer, Sussex Capital Group, acquired the property from the Landman Family Trust. Michael Koshet from Sussex Capital Group represented the buyer in the deal, while Melissa Zee from the Melissa Zee Group represented the seller.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $5,000,000
• Address: 17165-17169 Chatsworth Street
• Market: Granada Hills
• Units: 18
• Price per Unit: $277,777
• Square Footage: 18,000
• Price per Square Foot: $277

Notable individuals involved in the transaction include Michael Koshet from Sussex Capital Group, who represented the buyer, and Melissa Zee from the Melissa Zee Group, who represented the seller.