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Friday, Jun 2, 2023

Santa Clarita Multifamily Sells for $21.7 Million

The 130-unit Stillmore Apartments in Santa Clarita has sold for $21.7 million, or $167,036 per unit, according to CoStar Group. Foothill Ranch-based Wedgewood Inc. purchased the 90,384-square- foot multifamily building, located at 19306 Stillmore St. in Santa Clarita. The seller was Sikand Properties in Van Nuys. The two-story, 1977-built apartment building sold in a deal on March 9 after a nearly three months on the market.

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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