San Fernando Valley Apartment Property Goes for $316k/Unit

A 14-unit luxury apartment property in the San Fernando Valley community of Reseda sold for $4.43 mil, or $316.4k/unit. The deal closed at a 4.3% cap rate.

Built in 2013, the three-story property is located at 7122 Amigo Ave, near the 101 Fwy. The property features high-end finishes and appliances in the units, gated parking, secure entrance and an elevator.

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