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:
- Property Type: Multifamily
- Transaction Amount: $4,150,000
- Units: 20
- Square Footage: 15,166
- Price per Unit: $207,500
- Price per Square Foot: $274
- Buyer: Conrad Seymour
- Seller: Isabella Giordani
- Brokers: Michael Monempour & Jason Matatiaho - Lyon Stahl Investment Real Estate
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
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