Daniel Dunkelman Acquires Multifamily Property In Van Nuys For $5.5M
14230 Victory Boulevard
$5,507,800
$348/SF
Building Size
15,784 SF
Asset Type
MultiFamily
Closing
Mar 27, 2023
AI
A multifamily property located at 14230 Victory Boulevard in Van Nuys has been sold in a transaction that closed on March 27, 2023. The property consists of 16 units with a total square footage of 15,784. The sale price for the property was $5,507,800, resulting in a price per unit of $344,238 and a price per square foot of $349.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $5,507,800
- Units: 16
- Price per Unit: $344,238
- Square Footage: 15,784
- Price per Square Foot: $349
- Address: 14230 Victory Boulevard
- Market: Van Nuys
The buyer in this transaction was Daniel Dunkelman, while Deepak Mehta served as the seller. The deal was facilitated by John Boyett from Matthews Real Estate Investment Services, acting as the broker representing both parties.
Players
Market 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
2.88%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93