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11940 Burbank Boulevard, Va...

Updated Sep 9, 2024

Multi Family Property In Valley Village Sold For $5.42M
SOLDMultiFamily

Multi Family Property In Valley Village Sold For $5.42M

11940 Burbank Boulevard, Valley Village, CA 91607, USA

$5,420,000

$290/SF

Building Size

18,661 SF

Asset Type

MultiFamily

Closing

May 8, 2018

About this deal

AI

11940 Burbank Blvd in Valley Village has recently been sold for a total price of $5,420,000. This multi-family property spans across 18,661 square feet and is valued at $290 per square foot. The transaction took place on May 9, 2018.

Summary of transaction details

  • Property Type: Multi Family
  • Transaction Amount: $5,420,000
  • Square Footage: 18,661
  • Price per Square Foot: $290
  • Address: 11940 Burbank Blvd
  • Market: Valley Village

Jared Levine and Hirsch Sherman, representing the JML Real Estate Group, acted as brokers in this sale. The identities of the seller and buyer have been kept confidential.

Players

Jared Levine

Broker

$100.5M

vol

22 deals

Broker

Valley Village MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $290 per square foot on a published $5.4M for 18,661 square feet (2018).

Visit Jared Levine to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.93%

Cash-on-Cash

-0.84%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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