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Home Finance 30-Unit Van Nuys Apartment Property Sells for $9.5MM in Lake Balboa
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30-Unit Van Nuys Apartment Property Sells for $9.5MM in Lake Balboa

July 30, 20263 Mins read391
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A newer-vintage, 30-unit apartment property in the Lake Balboa neighborhood of Van Nuys changed hands for the first time since it was built, trading at a per-unit price well above the Los Angeles market average as investors continue to chase multifamily assets that sit outside the city's rent control regime.

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