John Boyett Of CBRE Represents Sale Of Granada Hills Multifamily Property For $2.65M
10700 Louise Avenue
$2,650,000
$208/SF
Building Size
12,689 SF
Asset Type
MultiFamily
Closing
Oct 3, 2024
AI
The multifamily property located at 10700 Louise Avenue in Granada Hills has been sold for a price of $2,650,000. The asset encompasses a total square footage of 12,689, resulting in a price per square foot of $208.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,650,000
- Address: 10700 Louise Avenue
- Market: Granada Hills
- Square Footage: 12,689
- Price per Square Foot: $208
- Broker: John Boyett - CBRE
John Boyett from CBRE represented the seller in this transaction, facilitating the sale process for the multifamily asset in Granada Hills.
Players
Granada Hills 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
5.99%
Cash-on-Cash
-1.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93