Updated Oct 19, 2026
Mill Creek Residential Trust LLC Acquires Multifamily Property In Sherman Oaks For $38.5M
4440 Sepulveda Blvd
$38,500,000
Building Size
—
Asset Type
MultiFamily
Closing
May 1, 2015
About this deal
AI
The property asset involved in the transaction is a MultiFamily building located at 4440 Sepulveda Blvd in Sherman Oaks. The transaction was completed for a price of $38,500,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $38,500,000.00
- Address: 4440 Sepulveda Blvd
- Market: Sherman Oaks
- Buyer: Mill Creek Residential Trust LLC
- Broker: Derrek Ostrzyzek, CBRE
- Transaction Date: 05/01/2015
The deal was brokered by Derrek Ostrzyzek of CBRE, representing the buyer, Mill Creek Residential Trust LLC, in the transaction process.
On the Map
$38,500,000
MultiFamily
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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
0.41%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93