Meta Housing Acquires Development Site From Los Angeles Jewish Health For $9.35M
19300 Sherman Way
$9,350,000
$6,233/SF
Building Size
1,500 SF
Asset Type
Development Site
Closing
Sep 22, 2025
AI
The property asset involved in this transaction is a development site located at 19300 Sherman Way in the Reseda market. The sale price for the asset is $9,350,000, with a lot size measuring 95,396 square feet and a price of $98 per land square foot.
Summary of transation details:
- Property Type: Development Site
- Transaction Amount: $9,350,000
- Buyer: Meta Housing
- Seller: Los Angeles Jewish Health
- Brokers: Paul Darrow & Gideon Orion - Walker & Dunlop
Key individuals involved in the transaction include Meta Housing as the buyer and Los Angeles Jewish Health as the seller. The brokers representing the deal are Paul Darrow and Gideon Orion from Walker & Dunlop.
Players
Reseda Development Site Market Snapshot
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
1.70%
Cash-on-Cash
-0.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93