Updated Dec 21, 2023
Marcus & Millichap Represents Sale Of Multifamily Property In Sherman Oaks For $1.875M
14826 Dickens St, Sherman Oaks, CA, USA
$1,875,000
$426/SF
Building Size
4,392 SF
Asset Type
MultiFamily
Closing
Mar 31, 2020
About this deal
AI
A multifamily property located at 14826 Dickens St in Sherman Oaks has been sold for a total price of $1,875,000. The property consists of 6 units with a total size of 4,392 square feet, resulting in an average price per square foot of $426.91. The price per unit is approximately $312,500. The sale took place on April 1, 2020.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,875,000
- Address: 14826 Dickens St, Sherman Oaks
- Market: Sherman Oaks
- Total Square Feet: 4,392
- Price per Square Foot: $426.91
- Number of Units: 6
- Price per Unit: $312,500
The sale of this multifamily property was facilitated by Filip Niculete and Glen Scher from Marcus & Millichap, representing the agency LAApartmentAdvisors. They played a crucial role in the transaction, bringing the buyer and seller together to finalize the deal.
Players
Los Angeles 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
8.46%
Cash-on-Cash
-2.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93