Anthony & April Quintero Acquire Multifamily Property In Van Nuys For $1.04M
14842 Friar Street, Van Nuys, Los Angeles County, CA 91411, USA
$1,045,000
$197/SF
Building Size
5,292 SF
Asset Type
MultiFamily
Closing
Jun 27, 2018
AI
The multifamily property located at 14842 Friar St in Van Nuys, CA 91411 was sold on June 28, 2018. The property, with a total square footage of 5,292, was listed on the market in Los Angeles. The transaction was facilitated by Marcus & Millichap broker Jordan Fischer.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,045,000
- Seller: Dimitri Krut
- Buyer: Anthony & April Quintero
- Broker: Marcus & Millichap - Jordan Fischer
- Price per Square Foot: $197
The seller, Dimitri Krut, sold the property to buyers Anthony & April Quintero. The transaction was facilitated by Jordan Fischer from Marcus & Millichap. This deal showcases the involvement of key individuals and companies in the sale of the property.
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
15.18%
Cash-on-Cash
-4.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93