$8.7M Multifamily Sale At 17115 Chatsworth St, Granada Hills With Buyer's Rep Diana Makhtesyan - Fidelity Realty And Loans Inc And Seller's Rep Cindy Hill - Equity Union
SOLD
$8,700,000
California
See Similar DealsMultiFamily20,980 SF
Sold 03/28/2023
SOLD
$8.7M Multifamily Sale At 17115 Chatsworth St, Granada Hills With Buyer's Rep Diana Makhtesyan - Fidelity Realty And Loans Inc And Seller's Rep Cindy Hill - Equity Union
17115 Chatsworth St
See Similar DealsMultiFamily20,980 SF
Sold 03/28/2023
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$414
Total Square Footage:20,980 SF
Transaction Type:Sale
The multifamily property located at 17115 Chatsworth St in Granada Hills has been sold for a price of $8,700,000. The property consists of 17 units with an average price per unit of $511,765. The total square footage of the property is 20,980, resulting in a price per square foot of $415.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $8,700,000
- Address: 17115 Chatsworth St
- Market: Granada Hills
- Units: 17
- Price per Unit: $511,765
- Total Square Footage: 20,980
- Price per Square Foot: $415
The buyer's representative in this transaction was Diana Makhtesyan from Fidelity Realty and Loans Inc, while the seller's representative was Cindy Hill from Equity Union.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$463,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$30,909.27
Cash-on-Cash Return-1.27%
Monthly Debt Service$41,242.44
Annual Debt Service$494,909.26
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