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Sylmar Apartment Building Sells in Court Appointed Sale

Individual Investor Acquires 61 Units for $17.4 Million
The colorful apartment building at 12455 San Fernando Road sits on eight-tenths of an acre in Sylmar, Calif. (CoStar)
The colorful apartment building at 12455 San Fernando Road sits on eight-tenths of an acre in Sylmar, Calif. (CoStar)
By Mary Vinal
CoStar Research
February 25, 2020 | 8:30 P.M.

The 61-unit apartment building at 12455 San Fernando Road in Sylmar, California, has sold through a special servicer in a court-ordered sale. An individual investor paid $17.38 million, or about $285,000 per unit, for the property.

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