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5261 Whitsett Avenue, Valle...

Updated Dec 21, 2023

Taly Stelmach Acquires Multifamily Property In Valley Village For $7.6M
SOLDMultiFamily

Taly Stelmach Acquires Multifamily Property In Valley Village For $7.6M

5261 Whitsett Avenue, Valley Village, CA, USA

$7,600,000

$347/SF

Building Size

21,879 SF

Asset Type

MultiFamily

Closing

Jun 17, 2021

About this deal

AI

A multifamily property located at 5261 Whitsett Avenue in Valley Village was recently sold for $7,600,000. The property consists of 28 units, with an average price per unit of $271,429. The total square footage of the property is 21,879, resulting in a price per square foot of $347. The sale was completed on June 18, 2021, with a Gross Rent Multiplier (GRM) of 13.98 and a Capitalization Rate (CAP) of 4.52%.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $7,600,000
  • Units: 28
  • Price per Unit: $271,429
  • Square Footage: 21,879
  • Price per Square Foot: $347
  • Gross Rent Multiplier (GRM): 13.98
  • Capitalization Rate (CAP): 4.52%

The buyer of the property was Taly Stelmach, while the seller was Sami Ayed. The deal was facilitated by broker Jason Tuvia.

Players

Jason Tuvia

Marcus & Millichap

Broker

$127.3M

vol

42 deals

Broker

Valley Village MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $347 per square foot on a published $7.6M for 21,879 square feet (2021).

Visit Jason Tuvia to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.09%

Cash-on-Cash

-0.60%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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