5/5/2009

California multi-family brings in $5.625M

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A private investor has purchased a 31,503-square-foot apartment complex in Van Nuys, Calif., for $5.625 million.

Tony Azzi, an investment specialist in Marcus & Millichap's West Los Angeles office represented both the buyer and seller in the transaction.

Located at 6919-6929 Sepulveda Blvd., the property consists of 75 units built in 1961.

Address: 6919-6929 Sepulveda Blvd., Van Nuys, Calif.

Size: 31,503 square feet

Built: 1961

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Filed Under: Multi-Family

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