Updated Dec 21, 2023
Sam Navid Sells 15-Unit Condo Complex On Whitsett Ave. In Los Angeles For $15.2M
5110 Whitsett Avenue, Valley Village, CA 91607, USA
$15,220,000
$485/SF
Building Size
31,350 SF
Asset Type
—
Closing
Aug 9, 2020
About this deal
AI
A condo located at 5110 Whitsett Ave in Los Angeles has been sold in a successful transaction. The property, consisting of 15 units with a total square footage of 31,350, was sold for a price of $15,220,000. The sale price per square foot was $485, reflecting the market value of the condo.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $15,220,000
- Units: 15
- Square Footage: 31,350
The seller of the condo was Sam Navid, who entrusted the deal to the expertise of brokers Daniel Eliyahou, AllCashNoContingencies, and Adi_Livyatan of Rodeo Realty. Their combined efforts contributed to the successful sale of the property.
Players
Valley Village CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $485 per square foot on a published $15.2M for 31,350 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.04%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93