Updated Oct 29, 2024
20631 Ventura Partnership, LP Acquires 14,550 SF Van Nuys Property For $5.5M
13626 Vanowen St, Van Nuys, CA, USA
$5,500,000
$378/SF
Building Size
14,550 SF
Asset Type
MultiFamily
Closing
Jul 15, 2019
About this deal
AI
The property located at 13626 Vanowen St in Van Nuys has been sold in a recent transaction. The sale occurred on July 16, 2019, and the property was purchased by 20631 Ventura Partnership, LP from 4M Redmaple, LLC. The transaction was facilitated by brokers Elizabeth Clark and Chris Chasin from Compass, as well as Steven Schechter, Marty Agnew, and Ryan Sterling from Marcus & Millichap.
Summary of transaction details
- Property Type: Not indicated
- Transaction Amount: $5,500,000
- Square Footage: 14,550
- Price per Square Foot: $378.01
The buyer in this transaction is 20631 Ventura Partnership, LP, and the seller is 4M Redmaple, LLC. The deal was coordinated by brokers Elizabeth Clark and Chris Chasin from Compass, along with Steven Schechter, Marty Agnew, and Ryan Sterling from Marcus & Millichap. The property spans a total of 14,550 square feet and sold for a price of $5,500,000, resulting in a price per square foot of $378.01.
On the Map
$5,500,000
$378/SF
MultiFamily
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Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.88%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93