Updated Sep 9, 2024
JML Real Estate Group Acquires Multi Family Property In Van Nuys For $3.97M
15507 Vanowen Street, Van Nuys, CA 91406, USA
$3,970,000
$241/SF
Building Size
16,412 SF
Asset Type
MultiFamily
Closing
Aug 23, 2018
About this deal
AI
15507 Vanowen Street in Van Nuys has been sold in a closed transaction. The multi-family property was sold for a price of $3,970,000. The property spans across 16,412 square feet and has a price per square foot of $241.
Summary of transaction details
- Property Type: Multi Family
- Transaction Amount: $3,970,000
- Address: 15507 Vanowen Street
- Market: Van Nuys
The sale was facilitated by Jared Levine and Hirsch Sherman from JML Real Estate Group, who acted as the brokers in the deal.
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
4.00%
Cash-on-Cash
-1.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93