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
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