Updated Nov 20, 2023
Neema Ahadian Facilitates $5M Multifamily Sale In Tujunga, CA
10121 Samoa Avenue, Tujunga, CA 91042, USA
$5,000,000
$187/SF
Building Size
26,726 SF
Asset Type
MultiFamily
Closing
Sep 25, 2018
About this deal
AI
A multifamily property located at 10121 Samoa Avenue, Tujunga, CA 91042 has been sold for $5,000,000. The property consists of a lot size of 26,726 square feet and a gross square footage of 21,446. The price per square foot is $233.14. This transaction was facilitated by Neema Ahadian from The Neema Group acting as both the buyer and seller agent. The deal took place on September 26, 2018. It is worth noting that this property had not been on the market for over 20 years.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $5,000,000
- Lot Size: 26,726 square feet
- Gross Square Footage: 21,446
- Price Per Square Foot: $233.14
- Buyer & Seller Agent: Neema Ahadian
- Team: The Neema Group
- Date: September 26, 2018
- Address: 10121 Samoa Avenue, Tujunga, CA 91042
This deal showcases the expertise and representation of Neema Ahadian from The Neema Group, who acted as the agent for both the buyer and seller. The successful sale of this property demonstrates Ahadian's ability to efficiently negotiate and facilitate transactions in the real estate market.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93