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15461 Moorpark Street

Conrad Seymour Acquires Multifamily Property From Isabella Giordani For $4.15M In Sherman Oaks
SOLDMultiFamily

Conrad Seymour Acquires Multifamily Property From Isabella Giordani For $4.15M In Sherman Oaks

15461 Moorpark Street

$4,125,000

$272/SF

Building Size

15,166 SF

Asset Type

MultiFamily

Closing

Apr 29, 2025

AI

The property asset involved in this transaction is a multifamily building located at 15461 Moorpark Street in Sherman Oaks. The sale price for this asset was $4,150,000, comprising a total of 20 units. The total square footage of the property is 15,166, leading to a price per unit of $207,500 and a price per square foot of $274.

Summary of transaction details:

The transaction was facilitated by brokers Michael Monempour and Jason Matatiaho, who represent Lyon Stahl Investment Real Estate. They played a crucial role in bringing together the buyer, Conrad Seymour, and the seller, Isabella Giordani, in this successful property deal.

Players

Michael Monempour

Lyon Stahl Investment Real Estate

Broker

$375.9M

vol

85 deals

Broker

Sherman Oaks 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

3.85%

Cash-on-Cash

-1.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93