facebook


Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

California

/

Multifamily

/

Sale

/

14926 Dickens Street

Updated Dec 4, 2024

Jacob Barzivand Acquires Multifamily Property In Sherman Oaks For $2.4M
SOLDMultiFamily

Jacob Barzivand Acquires Multifamily Property In Sherman Oaks For $2.4M

14926 Dickens Street

$2,400,000

$368/SF

Building Size

6,521 SF

Asset Type

MultiFamily

Closing

Mar 8, 2024

About this deal

AI

The multifamily property located at 14926 Dickens Street in Sherman Oaks was recently sold for $2,400,000. The property consists of 8 units with a price per unit of $300,000. Spanning 6,521 square feet, the property was sold at a price per square foot of $368. The Gross Rent Multiplier (GRM) for this transaction was 11.97, and the Capitalization Rate (CAP) stood at 5.08%.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $2,400,000
  • Units: 8
  • Square Footage: 6,521
  • Price Per Unit: $300,000
  • Price Per Square Foot: $368
  • Market: Sherman Oaks

The sale was facilitated by Michael Monempour of Lyon Stahl Investment Real Estate and David Saghian of Kidder Mathews. The buyer, Jacob Barzivand, acquired the property from the seller, Alex Neho.

On the Map

Open live map

$2,400,000

$368/SF

MultiFamily

View full map

Players

Michael Monempour

Lyon Stahl Investment Real Estate

Broker

$375.9M

vol

85 deals

Broker
Bilt advertisement

Sherman Oaks MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Deal FAQ

About $368 per square foot on a published $2.4M for 6,521 square feet (2024).

Visit David Saghian to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.61%

Cash-on-Cash

-1.89%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets