Emanuel Real Estate Group Sells Multifamily Property In North Hills For $16.4M
15230 Parthenia Street, North Hills, CA, USA
$16,400,000
$352/SF
Building Size
46,492 SF
Asset Type
MultiFamily
Closing
Nov 5, 2020
AI
A multifamily property located at 15230 Parthenia in North Hills has been sold for a price of $16,400,000. The property spans 46,492 square feet, resulting in a price per square foot of $352. The transaction included a total of 41 units, with a price per unit of $400,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $16,400,000
- Address: 15230 Parthenia, North Hills
- Market: North Hills
- Square Footage: 46,492
- Price Per Square Foot: $352
- Number of Units: 41
- Price Per Unit: $400,000
The deal was facilitated by Hooman Emanuel from Emanuel Real Estate Group, who acted as the broker for the transaction.
North Hills MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.97%
Cash-on-Cash
-0.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93