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LA Apartment Advisors Acquires Development Site In Van Nuys For $1.225M

6701 Woodley Avenue
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This Development Site property located in CA was sold for $1,225,000 over 4 years ago. The brokers of the deal were Daniel Hirth, Lonnie Mcdermott, Glen Scher, and Filip (Fil) Niculete

6701 Woodley Ave, a development site located in Van Nuys, was recently sold for $1,225,000. The property offers a total buildable square footage of 13,004, resulting in a price per buildable square foot of $94.20.

Summary of transaction details:

  • Property Type: Development Site
  • Transaction Amount: $1,225,000
  • Address: 6701 Woodley Ave
  • Market: Van Nuys
  • Buildable Square Footage: 13,004
  • Price per Buildable Square Foot: $94.20

Filip Niculete, Glen Scher, Lonnie McDermott, and Daniel Hirth represented the parties involved in the sale of 6701 Woodley Ave. They facilitated the transaction and ensured a successful deal for all parties.

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Deals
  • Location
    6701 Woodley Ave, Van Nuys, CA, USA6701 Woodley Ave, Van Nuys, CA, USA
  • Sale Price
    $1,225,000$1,225,000
    $94 PPSF$94 PPSF
  • Area
    13,004 SF13,004 SF
  • Asset Type
    Development SiteDevelopment Site
  • Parties
    4 Brokers, 2 Agencies4 Brokers, 2 Agencies

Agents

Glen Scher

Glen Scher

Deals161
Sold$624.5M

Daniel Hirth

Daniel Hirth

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Sold$179.6M

Agencies

The Hirth Group

The Hirth Group

Agency
Deals96
Volume$359.4M

Marcus & Millichap

Marcus & Millichap

Agency
Deals6999
Volume$66B

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Deal Summary

SALE IMAGE: Filip Niculete, Glen Scher, Lonnie McDermott & Daniel Hirth @laapartmentadvisors DATE: 10/30/2019 ADDRESS: 6701 Woodley Ave MARKET: Van Nuys ASSET TYPE: Development Site BROKERS: Filip Niculete, Glen Scher, Lonnie McDermott, Daniel Hirth PRICE: $1,225,000 BSF: 13,004 ~ PPBSF: $94.20

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6701 Woodley Avenue

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