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

Property Image
SOLD
$2,200,000
Casey Picard
Brisa Jeronimo
+ 1

California

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MultiFamily8,304 SF
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Property Image
SOLD

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

14306 Vanowen Street

See Similar Deals
MultiFamily8,304 SF
Sold
Casey Picard
Brisa Jeronimo
+ 1
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$264
Total Square Footage:8304 SF
Transaction Type:Sale

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
7 deals$21.2M volume(626) 716-4451
BROKER

Akash Saini
Keller Williams Realty
24 deals$74.5M volume(818) 642-0242
BROKER

Brisa Jeronimo
Keller Williams Realty
2 deals$3.7M volume
BROKER

Samuel P. Manoochehri
Keller Williams Realty
3 deals$8.3M volume(213) 537-6412
BROKER

Details

SOLD
IMAGE: Brisa Jeronimo, Samuel Manoochehri, Akash Saini & Casey Picard DATE: 5/2/2025 ADDRESS: 14306 & 14310 Vanowen Street MARKET: Van Nuys ASSET TYPE: Multifamily BUYER: Shin B. Lim SELLER: Matthew Radmanesh BUYER'S REP: Akash Saini (@AkashdSaini), Samuel Manoochehri (@Samuel_thecommercialbroker) & Brisa Jeronimo (@MultifamilyBrisa) - Keller Williams Realty (@KellerWilliamsRealty) SELLER'S REP: Casey Picard - Aggregate Investment Partners SALE PRICE: $2,200,000 UNITS: 12 ~ PPU: $183,333 SF: 8,205 ~ PPSF: $268.13

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$117,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$7,816.15
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,429.12
Annual Debt Service$125,149.47