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Bechir Apartments in Tarzana Sell for $27 Million

November 12, 2020

The Bechir Apartments in Tarzana have sold for $27.1 million, or $229,661 per unit, according to brokerage Marcus & Millichap.

The two-level, 118-unit complex is located at 6322 Reseda Blvd. According to CoStar data, it has an average unit size of 768 square feet.

Marcus & Millichap’s Michael Sterman, vice president investments, and Jeff Louks, executive managing director investments, based at Marcus & Millichap’s Encino office, transacted the deal on behalf of the seller and buyer, both private investors.

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