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14306 Vanowen Street

Shin B. Lim Purchases Multifamily Asset In Van Nuys For $2.2 Million With Keller Williams Realty
SOLDMultiFamily

Shin B. Lim Purchases Multifamily Asset In Van Nuys For $2.2 Million With Keller Williams Realty

14306 Vanowen Street & 14310 Vanowen Street

$2,200,000

$264/SF

Building Size

8,304 SF

Asset Type

MultiFamily

Closing

May 2, 2025

AI

The property asset involved in this transaction is a multifamily building located at 14306 & 14310 Vanowen Street, in the Van Nuys market. The sale price was $2,200,000 for a total of 12 units, yielding a price per unit of $183,333. The total square footage of the asset is 8,205, resulting in a price per square foot of $268.13.

Summary of transation details:

The deal involved key individuals including the buyer Shin B. Lim and the seller Matthew Radmanesh, with Akash Saini, Samuel Manoochehri, and Brisa Jeronimo representing the buyer, while Casey Picard represented the seller in this multifamily transaction.

Players

Casey Picard

Aggregate Investment Partners

Broker

$21.2M

vol

7 deals

Broker
Akash Saini
Verified Badge

Akash Saini

Keller Williams Realty

Broker

$83.6M

vol

26 deals

Broker

Van Nuys 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

7.21%

Cash-on-Cash

-2.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93