Eli Ory Acquires Multifamily Property In Encino For $9.8M With Sally Forster Jones & Anita Stephan - Sally Forster Jones Group
15507 Moorpark Street, Encino, CA 91436, USA
$9,800,000
$364/SF
Building Size
26,869 SF
Asset Type
MultiFamily
Closing
Nov 30, 2021
AI
The multifamily property located at 15507 Moorpark Street in Encino has been sold for a price of $9,800,000. The property consists of 20 units, with an average price per unit of $490,000. The total square footage of the property is 26,869, resulting in a price per square foot of $364.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $9,800,000
- Units: 20
- Price per Unit: $490,000
- Square Footage: 26,869
- Price per Square Foot: $364
- Market: Encino
- Buyer: Eli Ory
- Brokers: Sally Forster Jones & Anita Stephan - Sally Forster Jones Group
The sale of the property was facilitated by the Sally Forster Jones Group, with Sally Forster Jones and Anita Stephan representing the buyer, Eli Ory.
Players
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
1.62%
Cash-on-Cash
-0.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93