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4334 Mammoth Ave, Sherman O...

LAAATeam Acquires Sherman Oaks Multifamily For $3.35M
SOLDMultiFamily

LAAATeam Acquires Sherman Oaks Multifamily For $3.35M

4334 Mammoth Ave, Sherman Oaks, CA 91423, USA

$3,350,000

$32/SF

Building Size

103,620 SF

Asset Type

MultiFamily

Closing

Jun 14, 2020

AI

A multifamily property located at 4334 Mammoth Ave in Sherman Oaks has been sold for a price of $3,350,000. The property spans across 10,362 square feet, resulting in a price per square foot of $323.29.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $3,350,000
  • Address: 4334 Mammoth Ave
  • Market: Sherman Oaks
  • Square Footage: 10,362
  • Price per Square Foot: $323.29
  • Number of Units: 10
  • Price per Unit: $335,000

The sale of this multifamily property was facilitated by Filip Niculete, Glen Scher, and Arash Memary from the LAAATeam.

Players

Filip Niculete

Marcus & Millichap

Broker

$788.2M

vol

198 deals

Broker

Sherman Oaks 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

4.74%

Cash-on-Cash

-1.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93