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Tuesday, Jan 31, 2023
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Forty Apartments in Glendale Sell For $10.6 Million

An entity called 401-403 Glenoaks has acquired a 40-unit multifamily property in Glendale from Interstate Equities Corp. for nearly $10.6 million, according to Bisnow. Built in 1956, the 16,620-square-foot property, at 401 W. Glenoaks Blvd., is called the Glendale Pacifica and stands two stories high. Interstate Equities Corp. had purchased it in July 2016. Joshua Ross and Eli Appel, brokers at Calabasas-headquartered Marcus & Millichap Inc., represented both the seller and buyer.

Michael Aushenker
Michael Aushenker
A graduate of Cornell University, Michael covers commercial real estate for the San Fernando Valley Business Journal. Prior to the Business Journal, Michael covered the community and entertainment beats as a staff writer for various newspapers, including the Jewish Journal of Greater Los Angeles, The Palisadian-Post, The Argonaut and Acorn Newspapers. He has also freelanced for the Santa Barbara Independent, VC Reporter, Malibu Times and Los Feliz Ledger.
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