LAAATeam Acquires Van Nuys Multifamily For $5.45M At 14403-14409 Tiara St
SOLD
$5,450,000
California
See Similar DealsMultiFamily14,400 SF
Sold 07/07/2020
SOLD
LAAATeam Acquires Van Nuys Multifamily For $5.45M At 14403-14409 Tiara St
14403 Tiara St, Van Nuys, CA 91401, USA
See Similar DealsMultiFamily14,400 SF
Sold 07/07/2020
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$378
Total Square Footage:14,400 SF
Transaction Type:Sale
An eight-unit multifamily property located at 14403-14409 Tiara St in Van Nuys has been sold for $5,450,000. The property spans 14,400 square feet, resulting in a price per square foot of $378.47. Each unit was sold for an average price of $681,250.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $5,450,000
- Address: 14403-14409 Tiara St
- Market: Van Nuys
- Total Square Footage: 14,400
- Price per Square Foot: $378.47
- Number of Units: 8
- Price per Unit: $681,250
The sale of this multifamily property was facilitated by Filip Niculete, Glen Scher, and Arash Memary from the LAAATeam.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$290,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$19,362.70
Cash-on-Cash Return-1.27%
Monthly Debt Service$25,835.78
Annual Debt Service$310,029.37
Is there something missing? Send suggestions