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21133 Saticoy Street

Updated Dec 4, 2024

Bilt advertisement
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

53,371 SF

Asset Type

MultiFamily

Closing

Jul 3, 2024

About this deal

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

$657.5M

vol

69 deals

Broker

Canoga Park MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $75 per square foot on a published $12M for 160,113 square feet (2024).

Visit Kristen Sullivan to view all their deals.

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

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