SOLD
Chatsworth Multifamily Sells For $15.2M By La Apartment Advisors
9919-9947 De Soto Avenue
MultiFamily
51,944 SF
51,944 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
MultiFamily
51,944 sqft
A multifamily property located at 9919-9947 De Soto Ave in Chatsworth has been sold for $15,200,000. The property consists of 64 units with a total square footage of 51,944. The price per square foot is approximately $292.62. The cap rate for the property is 4.18% and the gross rent multiplier (GRM) is 13.29.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $15,200,000
- Address: 9919-9947 De Soto Ave
- Market: Chatsworth
- Units: 64
- Square Footage: 51,944
- Price per Square Foot: $292.62
- Cap Rate: 4.18%
- Gross Rent Multiplier (GRM): 13.29
The sale of this multifamily property was facilitated by Filip Niculete, Glen Scher, and Jonathan Erster of LA Apartment Advisors.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: Jonathan Erster @ersterj, Glen Scher @glenscher and Filip Niculete @fniculete
DATE: 12/19/2018
ADDRESS: 9919-9947 De Soto Ave
MARKET: Chatsworth
ASSET TYPE: Multifamily
UNITS: 64
PRICE: $15,200,000
SF: 51,944
PPSF: $292.62.62
CAP RATE: 4.18%
GRM: 13.29
AGENTS: Filip Niculete, Glen Scher & Jonathan Erster @laapartmentadvisorsView on map
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Address9919-9947 De Soto Avenue
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