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Keller Williams Acquires Multifamily Property In Van Nuys For $2.6M

13825 Vanowen Street
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This MultiFamily property located in CA was sold for $2,635,500 about 5 years ago. The brokers of the deal were Rick Raymundo, James Antonucci, and Michael Pesci

A multifamily property located at 13825 Vanowen St in Van Nuys, CA has been sold for a total price of $2,635,500. The property consists of 14 units with a total square footage of 10,793. The price per square foot for this transaction was $244.19. The sale price per unit was $188,250. The property has a capitalization rate of 4.27% and a gross rent multiplier of 13.70.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,635,500
  • Address: 13825 Vanowen St, Van Nuys, CA
  • Market: Van Nuys
  • Square Footage: 10,793
  • Price per Square Foot: $244.19
  • Number of Units: 14
  • Price per Unit: $188,250
  • CAP: 4.27%
  • GRM: 13.70

The sale of this multifamily property was facilitated by brokers Rick Raymundo from Marcus & Millichap, and James Antonucci and Michael Pesci from Keller Williams.

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Deals
  • Location
    13825 Vanowen Street, Van Nuys, CA 91405, USA13825 Vanowen Street, Van Nuys, CA 91405, USA
  • Sale Price
    $2,635,500$2,635,500
    $244 PPSF$244 PPSF
  • Area
    10,793 SF10,793 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    3 Brokers, 2 Agencies3 Brokers, 2 Agencies

Agents

Rick Raymundo

Rick Raymundo

Deals41
Sold$365.3M

James Antonucci

James Antonucci

Deals1
Sold$2.6M

Agencies

Marcus & Millichap

Marcus & Millichap

Agency
Deals7003
Volume$66B

Keller Williams

Keller Williams

Agency
Deals1208
Volume$6B

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Deal Summary

SALE IMAGE: Rick Raymundo, James Antonucci and Michael Pesci DATE: 01/02/2019 ADDRESS: 13825 Vanowen St MARKET: Van Nuys ASSET TYPE: Multifamily PRICE: $2,635,500 SF: 10,793 PPSF: $244.19 UNITS: 14 PPU: $188,250 CAP: 4.27% GRM: 13.70 BROKERS: Rick Raymundo - Marcus & Millichap, James Antonucci, Michael Pesci - Keller Williams

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13825 Vanowen Street

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