facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

California

/

Multifamily

/

Sale

/

10345 Pinyon Avenue

Tujunga Multifamily Property Sold For $1.65M With Broker Syuzi Hakobyan Of JohnHart Real Estate
SOLDMultiFamily

Tujunga Multifamily Property Sold For $1.65M With Broker Syuzi Hakobyan Of JohnHart Real Estate

10345 Pinyon Avenue

$1,650,000

$419/SF

Building Size

3,934 SF

Asset Type

MultiFamily

Closing

Aug 20, 2024

AI

The property asset involved in this transaction is a multifamily building located at 10345 Pinyon Avenue in Tujunga. The sale price for the asset was $1,650,000. This property contains a total of 7 units, with a price per unit of $235,714. The building has a total square footage of 3,934, translating to a price per square foot of $419.

Summary of transaction details:

The key individual in this transaction is broker Syuzi Hakobyan, who represents the interests of the involved parties through JohnHart Real Estate. This transaction highlights the role of brokers in facilitating the exchange of multifamily properties in the market.

Players

Syuzi Hakobyan

JohnHart Real Estate

Broker

$23.3M

vol

12 deals

Broker

Tujunga MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.61%

Cash-on-Cash

-2.75%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93