The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
February 22, 2019
 Search RENTV
 Video Programs
News Home Page
Southern California
Northern California
Pacific Northwest
Prop. Management
Press Releases
 R. E. Marketplace
Service Providers
Property Spotlight
 RENTV  Conferences
Subscriber Login:
Forgot Password?

ETC... ETC...
Printer-friendly Version   Email an Associate
San Fernando Valley Multifamily Property Sells for $45 Mil


Cielo Apartments, a 119-unit multifamily property in the western San Fernando Valley community of Chatsworth, traded hands for $45 mil, or around $378k/unit.

The property is located at 9733 Topanga Canyon Blvd, within five miles of the growing urban neighborhood of Warner Center and the recently revitalized Westfield Topanga, Westfield Promenade, and Village at Westfield regional lifestyle shopping centers. Cielo is situated close to the 118, 101, 405 and 210 freeways and is less than one mile from the Los Angeles Metro’s Chatsworth station.

Greg Harris, Kevin Green and Joseph Grabiec with Institutional Property Advisors represented the seller, JB Matteson Inc. They team also procured the buyer, a private multifamily investment firm.

“Lack of new supply in Chatsworth/Canoga Park and Winnetka supports continued demand and revenue growth for Cielo Apartments,” noted Green.

Return to the Archive page


Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2019 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media