Avi Shlanger Acquires Tujunga Multifamily For $3M
SOLD
$3,000,000
California
See Similar DealsMultiFamily6,912 SF
Sold 03/18/2022
SOLD
Avi Shlanger Acquires Tujunga Multifamily For $3M
10162 Hillhaven Avenue
See Similar DealsMultiFamily6,912 SF
Sold 03/18/2022
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$434
Total Square Footage:6,912 SF
Transaction Type:Sale
The multifamily property located at 10162 Hillhaven Avenue in Tujunga, CA has been sold in a recent transaction. The property consists of 12 units with a total area of 6,912 square feet. The sale price for this transaction was $3,000,000, resulting in a price per unit of $250,000. The price per square foot is calculated to be $434.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,000,000
- Units: 12
- Price per Unit: $250,000
- Square Footage: 6,912
- Price per Square Foot: $434
- Address: 10162 Hillhaven Avenue, Tujunga, CA
The buyer for this transaction is Avi Shlanger, while the seller is Rostam Boyajian. The deal was facilitated by broker Akash Saini from Keller Williams Realty.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$160,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$10,658.36
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,221.53
Annual Debt Service$170,658.37
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