Joseph Braum Acquires Van Nuys Multifamily For $3.25M From Seller Lauri Shahar And Broker Andy C. Kawatra - Marcus & Millichap
SOLD
California
See Similar DealsMultiFamily8,320 SF
Sold 07/12/2022
SOLD
Joseph Braum Acquires Van Nuys Multifamily For $3.25M From Seller Lauri Shahar And Broker Andy C. Kawatra - Marcus & Millichap
15143 Erwin Street
See Similar DealsMultiFamily8,320 SF
Sold 07/12/2022
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$390
Total Square Footage:8,320 SF
Transaction Type:Sale
The multifamily property located at 15143 & 15149 Erwin St. in Van Nuys has been sold for a price of $3,250,000. The property consists of 12 units, with an average price per unit of $270,833. The total square footage of the property is 8,320, resulting in a price per square foot of $390.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,250,000
- Address: 15143 & 15149 Erwin St., Van Nuys
- Market: Van Nuys
- Units: 12
- Price Per Unit: $270,833
- Total Square Footage: 8,320
- Price Per Square Foot: $390
The buyer of the property is Joseph Braum, and the seller is Lauri Shahar. The transaction was facilitated by broker Andy C. Kawatra from Marcus & Millichap.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$173,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,546.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,406.66
Annual Debt Service$184,879.90
Is there something missing? Send suggestions