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14533 Dickens St, Sherman O...

Updated Dec 21, 2023

Filip Niculete & Glen Scher Broker 8-Unit Multifamily Property In Sherman Oaks For $1.95M
SOLDMultiFamily

Filip Niculete & Glen Scher Broker 8-Unit Multifamily Property In Sherman Oaks For $1.95M

14533 Dickens St, Sherman Oaks, CA 91403, USA

$1,950,000

$3,764/SF

Building Size

518 SF

Asset Type

MultiFamily

Closing

Apr 27, 2020

About this deal

AI

Located in Sherman Oaks, the multifamily property at 14533 Dickens St recently closed for a transaction amount of $1,950,000. The property spans across 5,180 square feet, resulting in a price per square foot of $376.45. With a total of 8 units, the price per unit comes out to be $243,750.‬

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,950,000
  • Market: Sherman Oaks
  • Address: 14533 Dickens St
  • Square Footage: 5,180
  • Price per Square Foot: $376.45
  • Number of Units: 8
  • Price per Unit: $243,750

The deal was facilitated by brokers Filip Niculete and Glen Scher, who represented the parties involved in the transaction.

Players

Filip Niculete

Marcus & Millichap

Broker

$797.2M

vol

203 deals

Broker

Los Angeles MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $3.8K per square foot on a published $2M for 518 square feet (2020).

Visit Glen Scher to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

8.13%

Cash-on-Cash

-2.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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