Just Closed: 8 Units | Canoga Park, CA

Details

  • Price: 1,355,000
  • Cap Rate: 5.06%
  • GRM: 11.92
  • Cost per SF: $249.17
  • Cost per unit: $169,375
  • Year Built: 1964
  • Square Footage: 5,438
  • Lot Size: 6,599 SF
  • Units: 8
  • No. Stories: 2
  • Transaction Type: Sold
  • Property Type: Multifamily
  • Zoning: LAR3
  • APN/Parcel ID: 2138-021-012

Just Closed: 6902 Milwood Ave. | Canoga Park

Invest In Results | Grow Your Legacy

– lucrumre.com

 

Agents: Raymond A. Rodriguez | Mathew Freedman | Scotty Weisstein

Team: Lucrum Real Estate Group

 

Lucrum is proud to announce our latest closing. Partners Mathew Freedman, Scotty Weisstein, & Raymond A. Rodriguez represented both the Seller & Buyer in this transaction.

We are grateful to have been trusted by our clients to help them accomplish their goals for this sale, especially during such uncertain times considering the impact of Covid-19.

Who you are in business with matters. Investment real estate acquisitions & dispositions should be handled by experienced investment real estate professionals who are in touch with the market. Contact us if you need help.

Thank you to ALL involved who helped make this sale possible. On to the next one!!!

 

By: Lucrum
August 8, 2021

Sales Team

Raymond A. Rodriguez IV

Founding PartnerMultifamily Investment Sales
866.582.7865 ray@lucrumre.com CA License: 01402283 Download Bio

Mathew Gates Freedman

PartnerCommercial Real Estate Sales
818.585.6888 matt@lucrumre.com CA License: 01487954 Download Bio

Scotty Weisstein

PartnerMultifamily Investment Sales
818.205.8847 scotty@lucrumre.com CA License: 01483264 Download Bio

Sales Team

Raymond A. Rodriguez IV

Founding PartnerMultifamily Investment Sales
866.582.7865 ray@lucrumre.com CA License: 01402283 Download Bio

Mathew Gates Freedman

PartnerCommercial Real Estate Sales
818.585.6888 matt@lucrumre.com CA License: 01487954 Download Bio

Scotty Weisstein

PartnerMultifamily Investment Sales
818.205.8847 scotty@lucrumre.com CA License: 01483264 Download Bio

Details

  • Price: 1,355,000
  • Cap Rate: 5.06%
  • GRM: 11.92
  • Cost per SF: $249.17
  • Cost per unit: $169,375
  • Year Built: 1964
  • Square Footage: 5,438
  • Lot Size: 6,599 SF
  • Units: 8
  • No. Stories: 2
  • Transaction Type: Sold
  • Property Type: Multifamily
  • Zoning: LAR3
  • APN/Parcel ID: 2138-021-012

Similar Posts

Seller Carry: WeHo Multifamily Sale

Case Studies

Challenge Our client decided that he wanted to retire in Nevada, sell … Continue reading Seller Carry: WeHo Multifamily Sale

Read more

Private Disposition: Beverly Hills Multifamily Sale

Case Studies

Challenge The subject property, a unique 32 unit apartment complex built in … Continue reading Private Disposition: Beverly Hills Multifamily Sale

Read more

Rapid Offer & Legacy Partner: Palms Multifamily Sale

Case Studies

Challenge A former politician and owner of a 20 unit non-rent controlled … Continue reading Rapid Offer & Legacy Partner: Palms Multifamily Sale

Read more

Gain valuable insight

You need to be informed about changes in legislation, economic developments and current events to protect your interests and assets.

SUBSCRIBE NOW