Filip Niculete, Arash Memary, And Glen Scher Sell Multifamily Property In Canoga Park For $7.2M

21320 Parthenia St, Canoga Park, CA 91304, a multifamily property located in Canoga Park, was recently sold for $7,205,000. The property spans over 24,600 square feet with a price per square foot of $292.88. The transaction took place on 11/28/2018, and the property boasts a capitalization rate of 4.64% and a gross rent multiplier (GRM) of 13.67.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $7,205,000
• Address: 21320 Parthenia St, Canoga Park, CA 91304
• City: Canoga Park
• Market: Canoga Park
• Square Footage: 24,600
• Price per Square Foot: $292.88
• CAP Rate: 4.64%
• GRM: 13.67

The sale of this multifamily property was facilitated by brokers Filip Niculete, Arash Memary, and Glen Scher.