Updated Oct 16, 2026
SOLDMultiFamily
Michael Shaar Purchases MultiFamily Asset In Sunland For $1,700,000 With Brokers Troy Lucero And Josh Kaplan
10560 Sherman Grove Ave
$1,700,000
$269/SF
Building Size
6,301 SF
Asset Type
MultiFamily
Closing
Dec 11, 2023
About this deal
AI
The property involved in this transaction is a MultiFamily asset located at 10560 Sherman Grove Ave, Sunland, CA. The total square footage of the property is 6,301. The transaction was finalized at a price of $1,700,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $1,700,000.00
- Address: 10560 Sherman Grove Ave
- Market: Sunland, CA
- Square Footage: 6,301
- Buyer: Michael Shaar
- Brokers: Troy Lucero - Transwestern, Josh Kaplan - Transwestern
The deal was represented by brokers Troy Lucero and Josh Kaplan from Transwestern, highlighting their role in facilitating this transaction. Michael Shaar is noted as the buyer in this deal.
On the Map
$1,700,000
$269/SF
MultiFamily
View full map
Players
Sunland MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Troy Lucero to view all their deals.
Browse Sunland multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.33%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93