Updated Dec 20, 2023
Marcus & Millichap Sells Multifamily Property In Sherman Oaks For $670K
14256 Tiara Street, Sherman Oaks, CA, USA
$670,000
$321/SF
Building Size
2,087 SF
Asset Type
MultiFamily
Closing
Dec 30, 2018
About this deal
AI
A multifamily property located at 14256 Tiara St in Sherman Oaks has been sold. The property, with a total of 2,087 square feet, was sold for a price of $670,000, resulting in a price per square foot of $321. The property has a capitalization rate (CAP) of 3.28% and a gross rent multiplier (GRM) of 15.48. The transaction took place on December 31, 2018.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $670,000
- Market: Sherman Oaks
- Address: 14256 Tiara St
- Square Footage: 2,087
- Price per Square Foot: $321
- Capitalization Rate: 3.28%
- Gross Rent Multiplier: 15.48
Jordan Fischer of Marcus & Millichap represented the buyer and/or seller in this transaction.
On the Map
$670,000
$321/SF
MultiFamily
View full map
Van Nuys MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Jordan Fischer to view all their deals.
Browse Van Nuys multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
23.68%
Cash-on-Cash
-6.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93