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4742 Sepulveda Boulevard, S...

Tomas Hughes Acquires Multifamily Property In Sherman Oaks For $10.3M
SOLDMultiFamily

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

Max Berger

Compass

Broker

$85.8M

vol

17 deals

Broker

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