Updated Dec 21, 2023
Multifamily Property In Sherman Oaks Sold For $1,270,000
13804 Moorpark St, Sherman Oaks, CA, USA
$1,270,000
$529/SF
Building Size
2,400 SF
Asset Type
MultiFamily
Closing
Jul 15, 2019
About this deal
AI
A multifamily property located at 13804 Moorpark St in Sherman Oaks has been sold for $1,270,000. The property spans approximately 2,400 square feet, with a price per square foot of $529.17. The transaction was closed in cash within just 5 days.
Summary of transaction details:
- Property Type: Multifamily
- Date: 07/16/2019
- Address: 13804 Moorpark St
- Market: Sherman Oaks
- Brokers: Filip Niculete, Glen Scher, Jason Tuvia
- Price: $1,270,000
- Square Footage: 2,400
- Price Per Square Foot: $529.17
The deal was facilitated by Filip Niculete, Glen Scher, and Jason Tuvia, representing the buyer and seller of the property.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.49%
Cash-on-Cash
-3.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93