Janet Neman, Angelica Gotzev Acquire Chatsworth Multifamily For $13.2M
SOLD
California
See Similar DealsMultiFamily43,616 SF
Sold 04/01/2019
SOLD
Janet Neman, Angelica Gotzev Acquire Chatsworth Multifamily For $13.2M
10009 De Soto Avenue, Chatsworth, CA 91311
See Similar DealsMultiFamily43,616 SF
Sold 04/01/2019
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$302
Total Square Footage:43,616 SF
Transaction Type:Sale
A multifamily property located at 10009 De Soto Ave in Chatsworth has been sold for $13,200,000. The property has a total square footage of 43,616, resulting in a price per square foot of $302.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $13,200,000
- Address: 10009 De Soto Ave
- Market: Chatsworth
The deal was facilitated by brokers Janet Neman, Angelica Gotzev, Michael Tootikian, and Tony Boyajian.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$703,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$46,896.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$62,574.73
Annual Debt Service$750,896.81
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