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CANOGA PARK, CA-Puente Del Sol, an LLC managed by Shane Astaniof Astani Enterprises, has sold its 49-unit Puente Del Solapartment complex here to TPRF/Villa Toscana LLC for $9.5 millionas part of Beverly Hills-based Astani's shift from smaller tolarger properties. Astani was the developer of the complex, whichwas built in 2003 at 20918 Gresham St. The two-story building doesnot fall under Los Angeles City rent control, which providespotential rental upside in what some analysts may look at asuncertain market conditions, Shane Astani points out.

The 49 units include 12 one-bedrooms, 33 two-bedrooms and fourthree-bedroom units. In addition to the high-quality units, Astaninotes that the Puente Del Sol provides tenants with an array ofcommon area amenities that include a swimming pool with a sundeck,a state-of-the-art fitness center, 24-hour laundry facilities, awell-landscaped courtyard, and a closed-circuit monitoring systemfor security.

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