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
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