Updated Oct 14, 2026
Clyde Isaacson Acquires Multifamily In Tarzana For $9.91M
18634 Clark Street, Tarzana, California 91356, United States
$9,910,000
$369/SF
Building Size
26,840 SF
Asset Type
MultiFamily
Closing
May 19, 2022
About this deal
AI
A multifamily property located at 18634 Clark St. in Tarzana has been sold for a total price of $9,910,000. The transaction took place on May 20, 2022. The property consists of 28 units, with an average price per unit (PPU) of $353,928. The total square footage of the property is 26,840, resulting in a price per square foot (PPSF) of $369.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $9,910,000
- Date: May 20, 2022
- Address: 18634 Clark St.
- Market: Tarzana
The buyer of the property is Clyde Isaacson, while the seller is Tyson Korkmaz. The deal was facilitated by the brokers Michael Sterman and Clyde Isaacson from Tamarack Real Estate Services.
On the Map
$9,910,000
$369/SF
MultiFamily
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.60%
Cash-on-Cash
-0.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93