An 80-unit apartment complex in Canoga Park has sold for just over $30 million, or $375,000 per unit.
According to The Real Deal, NMS Properties sold the units to Domino Realty, a Beverly Hills-based investor. Blake Rogers at Walker & Dunlop brokered the deal.
Headed by Chairman Steve Gordon, Domino was founded in 1970 and owns office buildings, retail centers, self-storage and RV parks.
The complex, located at 21021 Vanowen St., borders the Warner Center area, the focus for a lot of residential development and deals, in concert with the Warner Center 2035 Specific Plan to revitalize Woodland Hills into the downtown of the San Fernando Valley. In September, Hanover Co. sold a 394-unit complex in Canoga Park to North Carolina-based investment firm Bell Partners for $110 million.