Sales Worth $6 Million
In Van Nuys, two apartment complexes changed hands…, a 6-unit, 62-year-old apartment building with one-bedroom, one-bathroom, rent-controlled units at 14223 Sherman Way sold for $775,000. Broker Meir Mark Frydman arranged the deal on behalf of the buyer and seller, who were not disclosed.
In Reseda, the brokerage handled the $2.5 million sale of Potamac Plaza, an 8,304- square-foot retail center at 18601 Sherman Way. A limited liability corporation purchased the 30-year-old property on 0.4 acre from World Oil Corp. in South Gate, according to CoStar Group Ic. Brokers John Lally and Brandon Michaels represented both parties on the deal, according to Marcus & Millichap.