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15470 Moorpark Street, Sher...

JML Real Estate Group Acquires Multifamily Property In Sherman Oaks For $3.7M
SOLDMultiFamily

JML Real Estate Group Acquires Multifamily Property In Sherman Oaks For $3.7M

15470 Moorpark Street, Sherman Oaks, CA, USA

$3,725,000

$343/SF

Building Size

10,843 SF

Asset Type

MultiFamily

Closing

Sep 26, 2019

AI

A multifamily property located at 15470 Moorpark Street in Sherman Oaks has been sold for $3,725,000. The property consists of 14 units with a total square footage of 10,843. This translates to a price per square foot of $343.54. The average price per unit is $266,071.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $3,725,000
  • Address: 15470 Moorpark Street
  • Market: Sherman Oaks
  • Units: 14
  • Square Footage: 10,843
  • Price Per Square Foot: $343.54
  • Price Per Unit: $266,071

Jared Levine and Hirsch Sherman, represented by @jmlrealestategroup, were the brokers involved in this transaction.

Players

Jared Levine

Broker

$100.5M

vol

22 deals

Broker

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

4.26%

Cash-on-Cash

-1.22%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93