20326 Saticoy St
The LA Apartment Advisors are proud to announce this impressive sale of 20326 Saticoy St, in Winnetka, CA. These rent-controlled 33 units sold for $25,000 above list price, and this sale recorded one of the lowest CAP rates and highest GRMs ever for a sale in the city of Winnetka. We were able to negotiate that the buyer will complete all seismic retrofitting work after the close of escrow. Furthermore, we negotiated that the buyer would not have a loan contingency, which allowed the seller to have a more qualified buyer and more probable close.