Shai Elbaz Acquires Multifamily Property In Sherman Oaks For $1.38M
15233 Valleyheart Drive, Sherman Oaks, CA 91403, USA
$1,380,000
$857/SF
Building Size
1,609 SF
Asset Type
MultiFamily
Closing
Dec 6, 2021
AI
A multifamily property located at 15233 Valleyheart Drive in Sherman Oaks has been sold for $1,380,000. The property consists of 2 units with a total square footage of 1,609. The sale price per unit is $690,000, and the price per square foot is $857.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,380,000
- Address: 15233 Valleyheart Drive
- Market: Sherman Oaks
The buyer for this transaction is Shai Elbaz, while the sellers are Kevin Aschman and Jennifer Hughes. The deal was facilitated by Guy Azar from The Agency and Jason Oppenheim from The Oppenheim Group.
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
11.49%
Cash-on-Cash
-3.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93