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Hirsch Sherman, Jared Levine & Clyde Isaacson Acquire Non Rent Control Multifamily In Van Nuys For $7M

6640 Woodley Avenue
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This MultiFamily property located in CA was sold for $7,000,000 over 4 years ago. The brokers of the deal were Hirsch Sherman, Jared Levine, and Clyde Isaacson

The multifamily property located at 6640 Woodley Ave in Van Nuys has been sold in a recent transaction. This non-rent control building consists of 34 units and was sold off-market.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $7,000,000
  • Square Footage: 22,734
  • Price per Square Foot: $307.91
  • Number of Units: 34
  • Price per Unit: $205,882
  • Date of Transaction: 08/21/2019
  • Market: Van Nuys

Jared Levine, Hirsch Sherman, and Clyde Isaacson represented the deal as brokers from JML Real Estate Group.

A couple of deal points worth noting are that the property was a non-rent control building and it was sold off-market.

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Deals
  • Location
    6640 Woodley Avenue, Van Nuys, CA 91406, USA6640 Woodley Avenue, Van Nuys, CA 91406, USA
  • Sale Price
    $7,000,000$7,000,000
    $307 PPSF$307 PPSF
  • Area
    22,734 SF22,734 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    3 Brokers, 2 Agencies3 Brokers, 2 Agencies

Agents

Jared Levine

Jared Levine

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Sold$100.5M

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Keller Williams

Keller Williams

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Volume$6B

Tamarack Real Estate Services

Tamarack Real Estate Services

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Volume$70M

Social

Deal Summary

SALE IMAGE: Hirsch Sherman, Jared Levine & Clyde Isaacson @therealclyde_isaacson DATE: 08/21/2019 ADDRESS: 6640 Woodley Ave MARKET: Van Nuys ASSET TYPE: Multifamily PRICE: $7,000,000 SF: 22,734 PPSF: $307.91 UNITS: 34 PPU: $205,882 BROKERS: @jmlrealestategroup Jared Levine, Hirsch Sherman, Clyde Isaacson @therealclyde_isaacson NOTES: A couple deal points, this was a Non Rent Control building, 34 units, sold Off Market.

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6640 Woodley Avenue

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