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
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