Updated Sep 9, 2024
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
Valley Village 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
2.93%
Cash-on-Cash
-0.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93