Mitchell Herman Sells Granada Hills Multifamily To Rick Ramirez For $1.36M
17739 Kingsbury Street, Granada Hills, California 91344, United States
$1,360,000
$439/SF
Building Size
3,098 SF
Asset Type
MultiFamily
Closing
Jul 7, 2022
AI
The multifamily property located at 17739 Kingsbury St. in Granada Hills has been sold for a total of $1,360,000. The property consists of 4 units with an average price per unit of $340,000. The total square footage of the property is 3,098, resulting in a price per square foot of $438. This transaction took place on July 8, 2022, and the seller was Mitchell Herman.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,360,000
- Units: 4
- Price per Unit: $340,000
- Square Footage: 3,098
- Price per Square Foot: $438
- Market: Granada Hills
The buyer's representative in this transaction was Rick Ramirez, while Margaret Roy from Platinum Realty Services Inc. represented the seller.
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
11.66%
Cash-on-Cash
-3.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93