Stephen David Acquires Multifamily Property At 14459 Benefit Street Sherman Oaks For $6.375M
14459 Benefit Street
$6,375,000
$303/SF
Building Size
21,019 SF
Asset Type
MultiFamily
Closing
Jun 30, 2026
AI
The property asset involves a multifamily unit located at 14459 Benefit Street in Sherman Oaks. This transaction was finalized for a total sale price of $6,375,000. The asset consists of 18 units and spans a total square footage of 21,019, resulting in a price per unit of $354,166 and a price per square foot of $303.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $6,375,000
- Units: 18
- Square Footage: 21,019
- Price Per Unit: $354,166
- Price Per Square Foot: $303
- Buyer: Stephen David
- Seller: Michael Berg
- Broker: Michael Kamara - The Kamara Multifamily Group - Lyon Stahl Investment Real Estate
This transaction features Stephen David as the buyer and Michael Berg as the seller, demonstrating a collaboration facilitated by Michael Kamara, the broker who represents the transaction through The Kamara Multifamily Group at Lyon Stahl Investment Real Estate.
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
2.49%
Cash-on-Cash
-0.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93