SOLD
Hirsch Sherman, Jared Levine & Clyde Isaacson Acquire Non Rent Control Multifamily In Van Nuys For $7M
6640 Woodley Avenue
MultiFamily
22,734 SF
22,734 SF
Summary
Sale
CALIFORNIA
MultiFamily
22,734 sqft
The multifamily property located at 6640 Woodley Ave in Van Nuys has been sold in a recent transaction. This non-rent control building consists of 34 units and was sold off-market.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $7,000,000
- Square Footage: 22,734
- Price per Square Foot: $307.91
- Number of Units: 34
- Price per Unit: $205,882
- Date of Transaction: 08/21/2019
- Market: Van Nuys
Jared Levine, Hirsch Sherman, and Clyde Isaacson represented the deal as brokers from JML Real Estate Group.
A couple of deal points worth noting are that the property was a non-rent control building and it was sold off-market.
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Details
SOLD
IMAGE: Hirsch Sherman, Jared Levine & Clyde Isaacson @therealclyde_isaacson
DATE: 08/21/2019
ADDRESS: 6640 Woodley Ave
MARKET: Van Nuys
ASSET TYPE: Multifamily
PRICE: $7,000,000
SF: 22,734
PPSF: $307.91.91
UNITS: 34
PPU: $205,882
BROKERS: @jmlrealestategroup Jared Levine, Hirsch Sherman, Clyde Isaacson @therealclyde_isaacson
NOTES: A couple deal points, this was a Non Rent Control building, 34 units, sold Off Market.View on map
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Address6640 Woodley Avenue
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