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Filip Niculete, Arash Memary, And Glen Scher Sell Multifamily Property In Canoga Park For $7.2M

21320 Parthenia Street Canoga Park, CA 91304
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This MultiFamily property located in CA was sold for $7,205,000 over 5 years ago. The brokers of the deal were Arash Memary, Glen Scher, and Filip (Fil) Niculete

21320 Parthenia St, Canoga Park, CA 91304, a multifamily property located in Canoga Park, was recently sold for $7,205,000. The property spans over 24,600 square feet with a price per square foot of $292.88. The transaction took place on 11/28/2018, and the property boasts a capitalization rate of 4.64% and a gross rent multiplier (GRM) of 13.67.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $7,205,000
  • Address: 21320 Parthenia St, Canoga Park, CA 91304
  • City: Canoga Park
  • Market: Canoga Park
  • Square Footage: 24,600
  • Price per Square Foot: $292.88
  • CAP Rate: 4.64%
  • GRM: 13.67

The sale of this multifamily property was facilitated by brokers Filip Niculete, Arash Memary, and Glen Scher.

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Deals
  • Location
    21320 Parthenia Street, Canoga Park, CA, USA21320 Parthenia Street, Canoga Park, CA, USA
  • Sale Price
    $7,205,000$7,205,000
    $292 PPSF$292 PPSF
  • Area
    24,600 SF24,600 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    3 Brokers, 1 Agency3 Brokers, 1 Agency

Agents

Glen Scher

Glen Scher

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Sold$624.5M

Agency

Marcus & Millichap

Marcus & Millichap

Agency
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Volume$66B

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Deal Summary

SALE IMAGE: Filip Niculete, Arash Memary and Glen Scher DATE: 11/28/2018 ADDRESS: 21320 Parthenia St, Canoga Park, CA 91304 CITY: Canoga Park MARKET: Canoga Park ASSET TYPE: Multifamily BROKERS: Filip Niculete, Arash Memary and Glen Scher PRICE: $7,205,000 SF: 24,600 ~ PPSF: $292.88 CAP Rate: 4.64% GRM: 13.67

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21320 Parthenia Street Canoga Park, CA 91304

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