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21133 Saticoy Street

Marcus & Millichap Sells Multifamily Asset At 21133 Saticoy Street For $12.03M
SOLDMultiFamily

Marcus & Millichap Sells Multifamily Asset At 21133 Saticoy Street For $12.03M

21133 Saticoy Street, 15042 Dickens Street & 13001 Vanowen Street

$12,030,000

$75/SF

Building Size

160,113 SF

Asset Type

MultiFamily

Closing

Jul 3, 2024

AI

The property involved in this transaction consists of multifamily assets located at 21133 Saticoy Street, 15042-46 Dickens Street, and 13001 Vanowen Street in California. The sale price was $12,030,000.00, encompassing a total of 56 residential units. The total square footage of the properties is 53,371, which equates to a price per unit of $214,821 and a price per square foot of $225.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $12,030,000.00
  • Units: 56
  • Square Footage: 53,371
  • Price Per Unit: $214,821
  • Price Per Square Foot: $225
  • Date of Transaction: 07/03/2024
  • Brokers: Kristen Sullivan & Tony Azzi - Marcus & Millichap

Kristen Sullivan and Tony Azzi served as the brokers representing the transaction through Marcus & Millichap. They facilitated the deal, ensuring all aspects of the transaction were handled efficiently and professionally.

Players

Tony Azzi

Marcus & Millichap

Broker

$587.7M

vol

59 deals

Broker

Canoga Park 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

1.32%

Cash-on-Cash

-0.38%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93