Fred Schor Acquires Multifamily Property In Canoga Park From David Minas For $4.975M
21700 Roscoe Boulevard
$4,975,000
$172/SF
Building Size
28,821 SF
Asset Type
MultiFamily
Closing
Oct 28, 2025
AI
The property asset involved in this transaction is a multifamily building located at 21700 Roscoe Boulevard in Canoga Park. The sale price was recorded at $4,975,000, encompassing a total of 28 units, which translates to a price per unit of $177,678. The building comprises a total square footage of 28,821, resulting in a price per square foot of $172.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,975,000
- Units: 28
- Price Per Unit: $177,678
- Square Footage: 28,821
- Price Per Square Foot: $172
- Buyer: Fred Schor
- Seller: David Minas
- Brokers: Tony Sameyah & Reza Ghobadi - Colliers
- Date of Transaction: 10/28/2025
This transaction was facilitated by brokers Tony Sameyah and Reza Ghobadi, both affiliated with Colliers, representing the interests involved in this deal. Fred Schor acquired the property from David Minas, marking a significant transfer of multifamily real estate in the area.
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
3.19%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93