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15042 Dickens Street, Sherm...

Greenbridge Investment Partners Acquires San Fernando Valley Package Deal For $14.8M
SOLDMultiFamily

Greenbridge Investment Partners Acquires San Fernando Valley Package Deal For $14.8M

15042 Dickens Street, Sherman Oaks, California 91403, United States

$14,800,000

$381/SF

Building Size

38,820 SF

Asset Type

MultiFamily

Closing

Dec 14, 2021

AI

Greenbridge Investment Partners, represented by Joshua Farahi, Sean Hashem, and Fareed Kanani, has acquired a package deal in the San Fernando Valley market. The properties involved in this transaction are located at 15042-15046 Dickens St., 21133 Saticoy Street, and 13001 Vanowen St. The package deal consists of 56 units, with a per unit price of $264,285. The total sale price for this transaction was $14,800,000.

Summary of transaction details

  • Property Type: Package Deal
  • Transaction Amount: $14,800,000
  • Units: 56
  • Price Per Unit: $264,285

The buyer, Greenbridge Investment Partners, was represented by Dana Brody from Marcus Millichap and Richard Kas from Coldwell Banker. The acquisition of this package deal showcases the strategic investment approach of Greenbridge Investment Partners in the San Fernando Valley market.

Players

Dana Brody

Marcus & Millichap

Broker

$105.4M

vol

11 deals

Broker

Sean Hashem

Greenbridge Investment Partners

Buyer

$37.3M

vol

2 deals

Buyer
GP
Greenbridge Investment PartnersBuyer

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

1.07%

Cash-on-Cash

-0.31%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93