Updated Dec 21, 2023
Chris Martinez Acquires Development Site In Van Nuys For $2.3M
14817 Delano Street, Van Nuys, CA 91411, USA
$2,295,000
$2,700/SF
Building Size
850 SF
Asset Type
Development Site
Closing
Apr 9, 2019
About this deal
AI
A development site located at 14817-14829 Delano St in Van Nuys has been sold for a price of $2,295,000. The property spans a total building square footage (BSF) of 22,506, resulting in a price per square foot (PPSF) of $101. The transaction took place on April 10, 2019.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $2,295,000
- Address: 14817-14829 Delano St, Van Nuys
- Market: Van Nuys
- BSF: 22,506
- PPBSF: $101
The sale of this development site was facilitated by Chris Martinez, a broker representing the deal.
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Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.91%
Cash-on-Cash
-1.98%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93