Updated Dec 19, 2023
Platinum Realty Services Inc. Sells 4-Unit Multifamily Property In Granada Hills For $1.36M
17739 Kingsbury St.
Units
4
Asset Type
—
Closing
Jul 8, 2022
About this deal
AI
The multifamily property located at 17739 Kingsbury St. in Granada Hills has been sold. The property consists of 4 units and spans a total of 3,098 square feet. The sale price for this transaction was $1,360,000, with each unit valued at approximately $340,000. The price per square foot of the property is $438.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,360,000
- Units: 4
- Price per Unit (PPU): $340,000
- Square Footage (SF): 3,098
- Price per Square Foot (PPSF): $438
Rick Ramirez represented the buyer in this transaction, while Margaret Roy from Platinum Realty Services Inc. acted as the seller's representative.
Players
Los Angeles CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
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