Updated Nov 20, 2023
Jason Tuvia And Jordan Epstein Acquire Multifamily Condos In Sylmar For $1.7M
13050 Dronfield Avenue, Sylmar, CA 91342, USA
$1,700,000
$239/SF
Building Size
7,100 SF
Asset Type
—
Closing
Nov 19, 2018
About this deal
AI
The multifamily condos located at 13040-13050 Dronfield Ave. in Sylmar have been sold for $1,700,000. This transaction took place on 11/20/2018. With a total square footage of 7,100, each unit in this property is valued at approximately $239 per square foot.
Summary of transation details
- Property Type: Multifamily Condos
- Transaction Amount: $1,700,000
- Address: 13040-13050 Dronfield Ave., Sylmar
- Market: Sylmar
- Square Footage: 7,100
- Price per Square Foot: $239
The sale of these multifamily condos was facilitated by Jason Tuvia and Jordan Epstein. They were the representatives for the buyer and seller in this transaction, respectively.
Players
Los Angeles CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $239 per square foot on a published $1.7M for 7,100 square feet (2018).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.33%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93