Marcus & Millichap Sells Woodland Hills Multifamily For $2.7M With Buyer's Rep Filip Niculete And Seller's Rep Glen Scher
22425 Del Valle Street
6,191 SF
Summary
Located at 22425 Del Valle St in Woodland Hills, this multifamily property was recently sold for a price of $2,725,000. With a total area of 6,191 square feet, this property offers a cost of $440.15 per square foot. The property consists of 5 units, with each unit having an average price of $545,000. The capitalization rate for this transaction is 4.43% and the gross rent multiplier is 15.28.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,725,000
- Square Footage: 6,191
- Price per Square Foot: $440.15
- Number of Units: 5
- Price per Unit: $545,000
- Capitalization Rate: 4.43%
- Gross Rent Multiplier: 15.28
The sale of this property was facilitated by Filip Niculete, Glen Scher, Arash Memary, Brandon Evans, and Lonnie McDermott from Marcus & Millichap. These individuals, representing the buyer and seller in the deal, played a crucial role in the successful completion of the transaction.
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7
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5
Agencies
2
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