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15507 Moorpark Street, Enci...

Updated Dec 21, 2023

Eli Ory Acquires Multifamily Property In Encino For $9.8M With Sally Forster Jones & Anita Stephan - Sally Forster Jones Group
SOLDMultiFamily

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

About this deal

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

Sally Forster Jones

Compass

Broker

$556.6M

vol

32 deals

Broker

Los Angeles MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $364 per square foot on a published $9.8M for 26,869 square feet (2021).

Visit Anita Stephan to view all their deals.

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

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