Details

  • Price: $1,850,000
  • Cap Rate: 4.68%
  • GRM: 13.16
  • Cost per SF: $286.33
  • Cost per unit: $231,250
  • Year Built: 1963
  • Square Footage: 6,461
  • Lot Size: 6,849 SF
  • Units: 8
  • No. Stories: 2
  • Parking: 10
  • Transaction Type: Sold
  • Zoning: LAR3
  • Building Class: C
  • APN/Parcel ID: 2696-029-008

Just Closed: 8 Units | Granada Hills, CA

𝗝𝘂𝘀𝘁 𝗖𝗹𝗼𝘀𝗲𝗱: 𝗔𝗿𝗰𝗵𝗲𝘀 𝗪𝗲𝘀𝘁 | 𝗚𝗿𝗮𝗻𝗮𝗱𝗮 𝗛𝗶𝗹𝗹𝘀 | $𝟭,𝟴𝟱𝟬,𝟬𝟬𝟬

𝗜𝗻𝘃𝗲𝘀𝘁 𝗜𝗻 𝗥𝗲𝘀𝘂𝗹𝘁𝘀 | 𝗔𝗱𝘃𝗮𝗻𝗰𝗶𝗻𝗴 𝗧𝗼𝗴𝗲𝘁𝗵𝗲𝗿 | 𝗚𝗿𝗼𝘄 𝗬𝗼𝘂𝗿 𝗟𝗲𝗴𝗮𝗰𝘆

𝗹𝘂𝗰𝗿𝘂𝗺𝗿𝗲.𝗰𝗼𝗺

Lucrum Real Estate Group of KW Commercial is thrilled to announce our latest closing of an 8 unit multifamily investment property in Granada Hills, CA.

Partners Raymond A. Rodriguez and Heather Boren represented the Seller in this sale. Ray also represented the Buyer who completed his 1031 Exchange from an office building sale with this acquisition. The Seller is a repeat client of Lucrum’s and a Legacy Partner having transacted multiple properties with our team.

Congrats to our valued clients on another smooth, timely, and successful closing! It has been a pleasure serving you. Thank you to EVERYONE who helped make this sale possible. On to the next one!

If you need a little help navigating through this dynamic market, Lucrum offers many services that can help you maximize your investment property’s cash flow, value & equity.

We can also help you source a qualified Buyer at maximum value for your property on your terms and timeline. We guarantee a professional stress-free experience.

Contact us today!

By: Lucrum
April 5, 2021

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