Hirth Group Represents Sale Of Multifamily Property In Chatsworth For $1.58M
SOLD
California
See Similar DealsMultiFamily6,238 SF
Sold 03/15/2019
SOLD
Hirth Group Represents Sale Of Multifamily Property In Chatsworth For $1.58M
21727 Lassen Street, Chatsworth, CA 91311, USA
See Similar DealsMultiFamily6,238 SF
Sold 03/15/2019
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$253
Total Square Footage:6,238 SF
Transaction Type:Sale
A multifamily property located at 21727 Lassen St in Chatsworth has been sold for a price of $1,580,000. The property spans across 6,238 square feet, resulting in a per square foot price of $253.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,580,000
- Square Footage: 6,238
- Price per Square Foot: $253
- Address: 21727 Lassen St
- Market: Chatsworth
The deal was facilitated by Jordan Fischer, Matt Ziegler, and Daniel Hirth from Hirth Group.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$84,266.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,613.41
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,490.01
Annual Debt Service$89,880.07
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