Goldrich & Kest Acquires Multifamily Property In Reseda For $23.95M | 6425 Reseda Boulevard | Jeff Louks, Michael Sterman | MultiFamily | Sale

Summary

Sale

CALIFORNIA

MultiFamily

74,930 sqft

A multifamily property located at 6425 Reseda Blvd in Reseda has been sold in a transaction by Goldrich & Kest to Lion Real Estate Group for a price of $23,950,000. The property spans an area of 74,930 square feet, resulting in a price per square foot of $319. It consists of 100 units, with an average price per unit of $239,500.

Summary of transation details

Property Type: Multifamily
Transaction Amount: $23,950,000
Date: 05/14/2019
Address: 6425 Reseda Blvd
Market: Reseda
SF: 74,930
PPSF: $319
Units: 100
PPU: $239,500

The sale of this multifamily property was facilitated by brokers Michael Sterman and Jeff Louks.

Players

All
3

Agents
2
Agencies
1

Jeff Louks

Executive Vice President

$279.4M Sold

Michael Sterman

Vice President Investments

$271M Sold

Marcus & Millichap

Details

Deal Summary

SOLD

IMAGE: Michael Sterman @mikeylikezit & Jeff Louks DATE: 05/14/2019 ADDRESS: 6425 Reseda Blvd MARKET: Reseda ASSET TYPE: Multifamily BUYER: Goldrich & Kest SELLER: Lion Real Estate Group BROKERS: Michael Sterman, Jeff Louks PRICE: $23,950,000 SF: 74,930 ~ PPSF: $319 UNITS: 100 PPU: $239,500

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Address6425 Reseda Boulevard

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