Updated Dec 21, 2023
Robert Fisherman Acquires Multifamily Property In Valley Village For $2.45M
5244 Whitsett Avenue, Valley Village, California 91607, United States
$2,450,000
$360/SF
Building Size
6,796 SF
Asset Type
MultiFamily
Closing
Jun 28, 2022
About this deal
AI
Situated in Valley Village, the multifamily property located at 5244 Whitsett Ave recently changed hands in a closed sale transaction. The property consists of 10 units, offering a total of 6,796 square feet of space. The sale price for this transaction was $2,450,000, resulting in a per unit price of $245,000. The price per square foot for this asset is approximately $360.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,450,000
- Address: 5244 Whitsett Ave
- Market: Valley Village
The buyer for this transaction is Robert Fisherman, while the seller is James Winston. Representing the buyer and seller respectively, the transaction was facilitated by Sam Liberow from The Liberow Group, operating under Marcus & Millichap.
Valley Village 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
6.47%
Cash-on-Cash
-1.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93