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10162 Hillhaven Avenue

Avi Shlanger Acquires Tujunga Multifamily For $3M
SOLDMultiFamily

Avi Shlanger Acquires Tujunga Multifamily For $3M

10162 Hillhaven Avenue

$3,000,000

$434/SF

Building Size

6,912 SF

Asset Type

MultiFamily

Closing

Mar 18, 2022

AI

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.

Players

Akash Saini
Verified Badge

Akash Saini

Keller Williams Realty

Broker

$83.6M

vol

26 deals

Broker

Avi Shlanger

LA Apartments

Buyer

$74.1M

vol

8 deals

Buyer

Los Angeles 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

5.29%

Cash-on-Cash

-1.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93