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Vicki Kiraksosian Acquires Multifamily Property In Van Nuys, CA For $1.61M

Property Image
SOLD
$1,610,000

California

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MultiFamily4,812 SF
Sold 09/23/2022
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Property Image
SOLD

Vicki Kiraksosian Acquires Multifamily Property In Van Nuys, CA For $1.61M

16021 Victory Boulevard, Van Nuys, California 91406, United States

See Similar Deals
MultiFamily4,812 SF
Sold 09/23/2022
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$334
Total Square Footage:4,812 SF
Transaction Type:Sale

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.

Players

Will Tiao
The Collective Realty
Will Tiao
10 deals$28.2M volume
BROKER

Details

SOLD
IMAGE: Will Tiao DATE: 09/23/2022 ADDRESS: 16021 Victory Blvd MARKET: Van Nuys, CA ASSET TYPE: Multifamily BUYER: Vicki Kiraksosian SELLER: Zach Winner BROKER: Will Tiao - Tiao Properties (@TiaoPropeties) SALE PRICE: $1,610,000 UNITS: 6 ~ PPU: $268,333 SF: 4,812 ~ PPSF: $335

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Debt Service Coverage Ratio (DSCR)

0.94x

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Cash Flow (Annual)-$5,719.98
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