SOLD
Lincoln Avenue Capital Acquires Chatsworth Multifamily For $101.8M
9901 Lurline Street, Chatsworth
MultiFamily
300,000 SF
300,000 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
MultiFamily
300,000 sqft
The multifamily property located at 9901 Lurline Street in Chatsworth, San Fernando Valley, has been sold for a price of $101,750,000. The transaction took place on November 23, 2021. The property consists of 354 units, with an average price per unit of $287,429. The total area of the property is approximately 300,000 square feet, resulting in a price per square foot of $339.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $101,750,000
- Units: 354
- Average Price per Unit: $287,429
- Total Square Footage: 300,000
- Price per Square Foot: $339
The buyer of the property is Lincoln Avenue Capital, while the seller is Nuveen Real Estate. The transaction was facilitated by brokers Dean Zander and Stew Weston from CBRE.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Dean Zander & Stew Weston
DATE: 11/23/2021
ADDRESS: 9901 Lurline Street, Chatsworth
MARKET: San Fernando Valley
ASSET TYPE: Multifamily
BUYER: Lincoln Avenue Capital
SELLER: Nuveen Real Estate
BROKERS: Dean Zander (@Deanzzz1) & Stew Weston (@StewWeston) - CBRE
SALE PRICE: $101,750,000
UNITS: 354 ~ PPU: $287,429
SF: 300,000 ~ PPSF: $339View on map
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Address9901 Lurline Street, Chatsworth
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