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4405 Ventura Canyon Ave She...

Naira Valian Acquires MultiFamily In Sherman Oaks For $1.85M
SOLDMultiFamily

Naira Valian Acquires MultiFamily In Sherman Oaks For $1.85M

4405 Ventura Canyon Ave Sherman Oaks, CA 91423, USA

$1,850,000

$404/SF

Building Size

4,577 SF

Asset Type

MultiFamily

Closing

Aug 4, 2023

AI

A multi-family property located at 4405 Ventura Canyon Avenue in Sherman Oaks has been sold for $1,850,000. The property consists of 4 units, with a price per unit of $462,500. The total square footage of the property is 4,577, resulting in a price per square foot of $404.

Summary of transaction details

  • Property Type: MultiFamily
  • Transaction Amount: $1,850,000
  • Units: 4
  • Price Per Unit: $462,500
  • Square Footage: 4,577
  • Price Per Square Foot: $404

The buyer of the property is Naira Valian, while the seller is Kameel Totah. The deal was facilitated by Tony Sameyah and Reza Ghobadi from Colliers International, who acted as brokers. They played a crucial role in bringing together both parties and ensuring a successful transaction.

Players

Reza Ghobadi

Colliers

Broker

$277.6M

vol

37 deals

Broker

Los Angeles 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

8.57%

Cash-on-Cash

-2.45%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93