Vicki Kiraksosian Acquires Multifamily Property In Van Nuys, CA For $1.61M
16021 Victory Boulevard, Van Nuys, California 91406, United States
$1,610,000
$334/SF
Building Size
4,812 SF
Asset Type
MultiFamily
Closing
Sep 22, 2022
AI
A multifamily property located at 16021 Victory Blvd in Van Nuys, CA, has been sold for a total price of $1,610,000. The property consists of 6 units with an average price per unit of $268,333. The total square footage of the property is 4,812, resulting in a price per square foot of $335. The sale was facilitated by Will Tiao of Tiao Properties.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,610,000
- Date: 09/23/2022
- Address: 16021 Victory Blvd, Van Nuys, CA
- Units: 6
- Price per Unit: $268,333
- Square Footage: 4,812
- Price per Square Foot: $335
Vicki Kiraksosian has acquired the property from Zach Winner. Will Tiao from Tiao Properties represented both the buyer and the seller in this transaction.
Los Angeles MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.85%
Cash-on-Cash
-2.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93