Rio Company Acquires 39-Unit Property In Reseda For $9.3M With Representation By Filip Niculete & Jonathan Erster | 18540 Wyandotte & 7249 Baird Avenue Reseda, 91335 | Jonathan Krikorian, Jonathan Erster, William Everitt, Clark Everitt, Filip Niculete | MultiFamily | Sale

Summary

Sale

CALIFORNIA

MultiFamily

The property located at 18540 Wyandotte & 7249 Baird Ave, Reseda, 91335 has been sold in a transaction. The buyers, Rio Company, acquired the property from the sellers, Berglas & Garfield, for a price of $9,275,000. The property comprises of 39 units.

Summary of transaction details

Property Type: Sale
Transaction Amount: $9,275,000
Units: 39

A team of brokers facilitated the deal, including Filip Niculete, Jonathan Erster, Jonathan Krikorian, Clark Everitt, and William Everitt. The price per unit for this transaction was $237,821, and the price per square foot was $313.47. The property's capitalization rate stands at 4.41%, and the gross rent multiplier (GRM) is 13.85.

Players

All
7

Agents
5
Agencies
2

$64.3M Sold

$100.1M Sold

$72.9M Sold

Senior Vice President

$72.9M Sold

Filip Niculete

Senior Managing Director

$667.6M Sold

Details

Deal Summary

SOLD

IMAGE: Jonathan Krikorian, Jonathan Erster, Clark Everitt, William Everitt, Filip Niculete ADDRESS: 18540 Wyandotte & 7249 Baird Ave, Reseda, 91335 BUYER: Rio Company SELLER: Berglas & Garfield BROKERS: Filip Niculete, Jonathan Erster, Jonathan Krikorian, Clark Everitt & William Everitt PRICE: $9,275,000 Units: 39 PPU: $237,821 PPSF: $313.47.47 CAP Rate: 4.41% GRM: 13.85

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Address18540 Wyandotte & 7249 Baird Avenue Reseda, 91335

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