Updated Dec 21, 2023
Chris Donoyan Brokers $3.78M Multifamily Sale In Sherman Oaks, CA
4541 Murietta Avenue, Sherman Oaks, California 91423, United States
$3,780,000
$386/SF
Building Size
9,780 SF
Asset Type
MultiFamily
Closing
Jun 15, 2022
About this deal
AI
The multifamily property located at 4541 Murietta Ave. in Sherman Oaks has been sold for a price of $3,780,000. The transaction took place on June 16, 2022. The property consists of 12 units, with each unit having a price per unit (PPU) of $315,000. The total square footage of the property is 9,780, resulting in a price per square foot (PPSF) of $386.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $3,780,000
- Address: 4541 Murietta Ave.
- Market: Sherman Oaks
- Units: 12
- PPU: $315,000
- Square Footage: 9,780
- PPSF: $386
- Broker: Chris Donoyan
Chris Donoyan represented the parties involved in the transaction as the broker.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.20%
Cash-on-Cash
-1.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93