42 Units | Van Nuys | All Time Record Sale
Considering selling? Get a complimentary, confidential valuation.
The LAAA Team of Marcus & Millichap is proud to announce the successful closing of this 42-unit multifamily property located at 15716 Saticoy Street, Van Nuys, CA, in the Lake Balboa neighborhood.
Record Breaking Sale
According to CoStar's all-time sale statistics in the 91406 area code of Van Nuys, this sale has taken over the top spot for the all time highest price per sqft ever achieved for a 16+ unit apartment building. It is also the #1 highest price per unit ever achieved when looking at sold buildings that had between 16 and 100 units.
Including both small and very large property sale statistics (5-15 unit & 100+ unit buildings), this is the #2 all-time highest price per sqft and the #3 all-time highest price per unit ever achieved in this zip code. No matter how you look at it, we can fairly say this is one of the best multifamily sales ever achieved in this pocket of Van Nuys.
Property Description
The LAAA Team of Marcus & Millichap is proud to announce the successful closing of this 42-unit multifamily property located at 15716 Saticoy Street, Van Nuys, CA, in the Lake Balboa neighborhood.
Record Breaking Sale
According to CoStar's all-time sale statistics in the 91406 area code of Van Nuys, this sale has taken over the top spot for the all time highest price per sqft ever achieved for a 16+ unit apartment building. It is also the #1 highest price per unit ever achieved when looking at sold buildings that had between 16 and 100 units.
Including both small and very large property sale statistics (5-15 unit & 100+ unit buildings), this is the #2 all-time highest price per sqft and the #3 all-time highest price per unit ever achieved in this zip code. No matter how you look at it, we can fairly say this is one of the best multifamily sales ever achieved in this pocket of Van Nuys.
