Tamarack Real Estate Services Sells Multifamily Property For $8.7M In Hansen Hills/Pacoima
12364 Osborne St, Pacoima, CA 91331, USA
$8,726,000
$26/SF
Building Size
324,440 SF
Asset Type
MultiFamily
Closing
Sep 15, 2020
AI
The multifamily property located at 12364 Osborne Street in Hansen Hills/Pacoima has been sold. The property spans a total of 32,444 square feet, with each square foot valued at $269. The transaction, which took place on 09/16/2020, involved a total of 21 units, with each unit being sold at an average price of $415,000. The sale of this property was facilitated by Clyde Isaacson of Tamarack Real Estate Services.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $8,726,000
- Square Footage: 32,444
- Price Per Square Foot: $269
- Number of Units: 21
- Price Per Unit: $415,000
- Broker: Clyde Isaacson - Tamarack Real Estate Services
This transaction showcases the successful sale of a multifamily property in Hansen Hills/Pacoima. Clyde Isaacson of Tamarack Real Estate Services played a key role in facilitating the deal, ensuring a smooth transaction for all parties involved.
Los Angeles 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
1.82%
Cash-on-Cash
-0.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93