facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

California

/

All

/

Sale

/

14843 Gilmore St

Lotfollah Shokrian Acquires 8-Unit Multifamily In Van Nuys For $2.05M
SOLD

Lotfollah Shokrian Acquires 8-Unit Multifamily In Van Nuys For $2.05M

14843 Gilmore St

Building Size

Asset Type

Closing

Aug 24, 2022

AI

The multifamily property located at 14843 Gilmore St in Van Nuys has been sold in a recent transaction. The property consists of 8 units with a total square footage of 6,500. The sale price for this property was $2,045,000, resulting in a per unit price of $255,625. The price per square foot for this transaction was $315.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,045,000
  • Address: 14843 Gilmore St
  • Market: Van Nuys

The buyer for this transaction was Lotfollah Shokrian, while the seller was Lauri Shahar. Representing both parties in the deal was Andy C. Kawatra from Marcus & Millichap.

Players

Lauri Shahar

Seller

$5.3M

vol

3 deals

Seller

Los Angeles CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93