Tomas Hughes Acquires Multifamily Property In Sherman Oaks For $10.3M
4742 Sepulveda Boulevard, Sherman Oaks, CA, USA
$10,275,000
$388/SF
Building Size
26,450 SF
Asset Type
MultiFamily
Closing
Aug 12, 2021
AI
Located at 4742 Sepulveda Boulevard in Sherman Oaks, this multifamily property was recently sold in a closed transaction. The property consists of 21 units, offering a total of 26,450 square feet of space. The sale price for this asset was $10,275,000, resulting in a per unit price of approximately $540,789. The price per square foot was calculated to be $420.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $10,275,000
The buyer of this property was Tomas Hughes, while the seller was Josh Goodman. Representing the buyer was Sam Liberow, and Max Berger & Ben Kreitenberg acted as representatives for the seller. These individuals and their respective agencies played key roles in facilitating the transaction.
Players
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
1.54%
Cash-on-Cash
-0.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93