Updated Oct 26, 2026
SOLDMultiFamily
Alan Huerta Pedro Palomo And Joe Hernandez Buy Multifamily Asset In Van Nuys For $740,000
$740,000
$258/SF
Building Size
2,858 SF
Asset Type
MultiFamily
Closing
Oct 23, 2026
About this deal
AI
The asset involved in the transaction is a multifamily property located in Van Nuys, California. The sale price for the property was $740,000, which breaks down to four units at a price per unit of $185,000. The total square footage of the property is 2,858, resulting in a price per square foot of $258.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $740,000
- Units: 4
- Price per Unit: $185,000
- Square Footage: 2,858
- Price per Square Foot: $258
- Buyer: Alan Huerta, Pedro Palomo & Joe Hernandez
- Seller: Therese Hunt
- Buyer's Representative: Diana Ramirez - Kaminsky Real Estate Group - eXp Realty of California
This transaction was completed on October 23, 2026. The buyers are seeking additional investment opportunities for fix and flip, value add, or tear down projects.
Players
Market MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
21.44%
Cash-on-Cash
-6.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93