Claudia Munson Acquires Reseda Multifamily From Daryl Shapiro For $5.45M
7122 Amigo Ave
16,816 SF
Summary
The multifamily property located at 7122 Amigo Ave in Reseda, CA has been sold for $5,450,000. The property consists of 14 units and has a total square footage of 16,816. The sale price per unit was $389,286, and the sale price per square foot was $324. The lot size is 12,000 square feet, resulting in a price per lot square foot of $454. The property was built in 2013 and has a current cap rate of 4.72% and a GRM of 13.66. The pro forma cap rate is 4.96% and the pro forma GRM is 13.20.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $5,450,000
- Units: 14
- Price per Unit: $389,286
- Square Footage: 16,816
- Price per Square Foot: $324
- Lot Size: 12,000 square feet
- Price per Lot Square Foot: $454
- Year Built: 2013
- Current Cap Rate: 4.72%
- Current GRM: 13.66
- Pro Forma Cap Rate: 4.96%
- Pro Forma GRM: 13.20
The buyer of the property is Claudia Munson, and the seller is Daryl Shapiro. The buyer was represented by Rick Raymundo and Justino Fa'aola from Marcus & Millichap, while the seller was represented by Justin Sawai and Tim Byrne from Compass.
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6
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