Updated Oct 30, 2025
David Slomovic Acquires Multifamily Asset From John W Myer In Canoga Park For $6.52M
21909 Lankark St
$6,515,000
$216/SF
Building Size
30,091 SF
Asset Type
MultiFamily
Closing
Jun 30, 2017
About this deal
AI
The property asset involved in the transaction is a MultiFamily unit located at 21909 Lankark St in Canoga Park. The transaction was completed at a price of $6,515,000.00, and the total square footage of the asset is 30,091.0 square feet.
Summary of transation details:
- Property Type: MultiFamily
- Transaction Amount: $6,515,000.00
- Address: 21909 Lankark St
- Market: Canoga Park
- Square Footage: 30,091.0
- Buyer: David Slomovic
- Seller: JOHN W MYER
- Brokers: Chase Simonton - Re/Max, Russell Grether - Compass, Filip Niculete - Marcus & Millichap
The key individuals involved in the deal include the buyer David Slomovic and the seller JOHN W MYER. The transaction was facilitated by three brokers: Chase Simonton from Re/Max, Russell Grether from Compass, and Filip Niculete from Marcus & Millichap, each representing their respective clients in the transaction.
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
2.43%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93