1/25/2008

85 units in California bring $14M

by

Woodley Apartments

Marcus & Millichap Real Estate Investment Services has brokered the $14.85 million sale of the 85-unit Woodley Apartments in North Hills, Calif.

David Kaufman of the firm's Los Angeles office represented the seller as well as the buyer, Prime Group.

The two-story apartment community is located at 10139 Woodley Ave. and contains a unit mix of one and two-bedroom apartments on 116,680 square feet. It is situated on 2.68 acres and was built in 1971.

North Hills is a district in the San Fernando Valley and is located 22 miles northwest of Los Angeles.

Address: 10139 Woodley Ave., North Hills, Calif.

Size: 85 units/116,680 square feet

Built: 1971

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Filed Under: Multi-Family

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