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11915, 11935 & 11940 Kling Street

The Multi Family property located in Los Angeles that spans 80,602 square feet sold for $25,050,000 or $311 PPSF. The deal closed 26 months and 6 days ago. The brokers of the deal were Tony Azzi, Jordan Asheghian, Glen Scher and Filip Niculete

  • Location image 11915 Kling Street, Valley Village, CA, USA
  • Sold Value
    image $25,050,000
    image $311
  • Asset Type image Multi Family
  • Area image 80,602 SF
  • Parties image4 Brokers,1 Agency
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Tony Azzi

Marcus & Millichap
  • Deals 33
  • Volume $252,780,000
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Jordan Asheghian

Marcus & Millichap
  • Deals 31
  • Volume $158,180,000
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Glen Scher icon

Marcus & Millichap
  • Deals 136
  • Volume $555,740,000
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Filip Niculete icon

Marcus & Millichap
  • Deals 141
  • Volume $596,250,000
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Comparables: 11915, 11935 & 11940 Kling Street

Showing 4 of 37

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Price Icon $23,000,000

  • StatusSOLD
  • Date08/23/22
  • Address6050 Placer West Drive, Rocklin, California 95677, United States
  • Address6050 Placer...
  • AssetMULTI FAMILY
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Price Icon $22,000,000

  • StatusSOLD
  • Date08/15/22
  • AddressPlaya del Rey, California, United States
  • AddressPlaya del...
  • AssetMULTI FAMILY
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Price Icon $23,000,000

  • StatusSOLD
  • Date08/17/22
  • Address1801 Los Feliz Drive, Thousand Oaks, California 91362, United States
  • Address1801 Los...
  • AssetMULTI FAMILY
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Price Icon $27,000,000

  • StatusSOLD
  • Date07/20/22
  • Address1920 Sherry Lane, Santa Ana, California 92705, United States
  • Address1920 Sherry...
  • AssetMULTI FAMILY
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This Deal on Social

SALE
IMAGE: Jordan Asheghian, Tony Azzi, Glen Scher & Filip Niculete
DATE: 07/20/2021
ADDRESS: 11915, 11935 & 11940 Kling St.
MARKET: San Fernando Valley
ASSET TYPE: Multifamily

BUYER: Jones & Jones
SELLER: Abady Holdings
BUYER’S REP: Filip Niculete (@FNiculete) & Glen Scher (@ScherGlen) (LAAA Team) (@LAAATeam) – Marcus & Millichap
SELLER’S REP: Tony Azzi & Jordan Asheghian (@InstaYord) (@The_AzziGroup) – Marcus & Millichap

SALE PRICE: $25,050,000
UNITS: 80 ~ PPU: $313,125
SF: 80,602 ~ PPSF: $310
GRM: 16.10x
CAP: 3.52%

NOTES: 80 Units. 80,602 SF. $310.79 per SF. $313,125 per Unit. 3.52% CAP. 16.10 GRM

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SALE
IMAGE: Jordan Asheghian, Tony Azzi, Glen Scher & Filip Niculete
DATE: 07/20/2021
ADDRESS: 11915, 11935 & 11940 Kling St.
MARKET: San Fernando Valley
ASSET TYPE: Multifamily

BUYER: Jones & Jones
SELLER: Abady Holdings
BUYER’S REP: Filip Niculete (@FNiculete) & Glen Scher (@ScherGlen) (LAAA Team) (@LAAATeam) – Marcus & Millichap
SELLER’S REP: Tony Azzi & Jordan Asheghian (@InstaYord) (@The_AzziGroup) – Marcus & Millichap

SALE PRICE: $25,050,000
UNITS: 80 ~ PPU: $313,125
SF: 80,602 ~ PPSF: $310
GRM: 16.10x
CAP: 3.52%

NOTES: 80 Units. 80,602 SF. $310.79 per SF. $313,125 per Unit. 3.52% CAP. 16.10 GRM

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Contact Tony Azzi

Tony joined Marcus & Millichap in September 1986 first as an agent in the Encino office and is now situated...

Jordan Asheghian began his career at the West Los Angeles office of Marcus and Millichap in 2015. Jordan is a...

"Glen Scher is a senior associate at Marcus & Millichap’s Encino, California office. Glen specializes in the acquisition and disposition...

"Upon graduating from San Diego State University, Filip began his career in finance as a financial advisor. In 2011 he...

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