Rick Kaufman Acquires 32-unit Multifamily Property In San Fernando Valley For $6M
14060 Van Nuys Boulevard, Arleta, CA, USA
$6,000,000
$263/SF
Building Size
22,810 SF
Asset Type
MultiFamily
Closing
Feb 13, 2020
AI
An multifamily property located at 14060 Van Nuys Blvd in San Fernando Valley has been sold for $6,000,000. The property spans 22,810 square feet and has a price per square foot of $263.04. It consists of 32 units, with a price per unit of $187,500.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $6,000,000
- Address: 14060 Van Nuys Blvd
- Market: San Fernando Valley
- Square Footage: 22,810
- Price Per Square Foot: $263.04
- Number of Units: 32
- Price Per Unit: $187,500
The buyer of the property is Rick Kaufman, while the seller is Carmi Cohen. The brokers involved in the deal include Mike Hanassab, Elliot Hassan, Bar Dahan, and Danny Spiwak.
Players
Los Angeles MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93