Marcus & Millichap’s Azzi Group Closes Van Nuys Sale

The Azzi Group of Marcus & Millichap has closed the sale of 6121 Woodman Ave., a 45-unit apartment property in Van Nuys. The sale price was $9 million, or $200,000 per unit, at a 5.66% cap rate. Tony Azzi, president and founder, The Azzi Group and Kristen Sullivan, director investments, represented the seller and procured...