SUN VALLEY APT COMPLEX SELLS FOR $2M

SUN VALLEY, CALIF. – A 23-unit apartment community in Sun Valley has sold to Thomas W. Mathie & Carlos Deviez for $2,192,000. It sold at a 5.82 percent cap rate. Marcus & Millichap represented the buyers. David J. Harrington Hendricks & Partners’ North Los Angeles office represented the seller, Alpha Limited Partnership.