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February 24, 2018
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SOUTHERN CALIFORNIA NEWS
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San Fernando Valley Multifamily Property Sells for Over $400k/Unit

2/05/18

Whitsett Courtyard Apartments, a 16-unit multifamily property in the Valley Village community of the San Fernando Valley, has traded for $6.75 mil, or $421.9k/unit. Built in 2003, the property is located at 5716 Whitsett Ave, north of Burbank Blvd and just west of the 170 Fwy.

The property consists of 12, two-bedroom townhomes and four three-bedroom townhomes. Units have in-unit washer/dryers, granite countertops and balconies, among many amenities.

Warren Berzack with Lee & Associates represented the seller, a private investor. According to Berzack, the listing attracted seven offers and went into escrow two weeks from the listing date. It sold above list price.




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