facebook

traded

+ Submit
Home

/

Deals

/

California

/

Multifamily

/

Sale

/

5404 Gentry Avenue

Robert Sark Acquires 7-Unit Multifamily In Valley Village For $1.57M
SOLDMultiFamily

Robert Sark Acquires 7-Unit Multifamily In Valley Village For $1.57M

5404 Gentry Avenue

$1,565,000

$240/SF

Building Size

6,505 SF

Asset Type

MultiFamily

Closing

Sep 28, 2023

AI

The multi-family property located at 5404 Gentry Avenue in Valley Village has been sold for a price of $1,565,000. The property comprises 7 units, with an average price per unit of $223,571. The total square footage of the property is 6,505, with a price per square foot of $241.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $1,565,000
  • Units: 7
  • Price per Unit: $223,571
  • Square Footage: 6,505
  • Price per Square Foot: $241

The buyer in this transaction is Robert Sark, while the seller is Daniel First. The deal was facilitated by two brokers: Nathan Shaolian from Kidder Mathews and Michael Monempour from Lyon Stahl. They played crucial roles in ensuring the successful completion of the transaction.

Players

Michael Monempour

Lyon Stahl Investment Real Estate

Broker

$375.9M

vol

85 deals

Broker

Valley Village MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.14%

Cash-on-Cash

-2.90%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93