Updated Sep 9, 2024
Diana Makh Acquires MultiFamily Property In Sherman Oaks From John Brende For $3.6M
4737 Kester Ave Van Nuys, CA 91403, USA
$3,600,000
$418/SF
Building Size
8,611 SF
Asset Type
MultiFamily
Closing
Jun 27, 2023
About this deal
AI
Located in the market of Sherman Oaks, the multi-family property at 4737 Kester Avenue has been sold in a recent transaction. The asset consists of 8 units with a total area of 8,611 square feet. The property was listed with an asking price of $3,650,000 and was sold for $3,600,000, resulting in a per-unit price of $450,000. The price per square foot is calculated at $418.
Summary of transaction details:
- Property Type: MultiFamily
- Asking Price: $3,650,000
- Sale Price: $3,600,000
- Units: 8
- Price per Unit: $450,000
- Total Square Footage: 8,611
- Price per Square Foot: $418
- Market: Sherman Oaks
The buyer in this transaction is Diana Makh, while the property was sold by John Brende. The deal was facilitated by Michael Monempour and David Saghian, representing Kidder Mathews agency.
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
4.41%
Cash-on-Cash
-1.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93