Updated Dec 4, 2024
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
About this deal
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.
On the Map
$1,565,000
$240/SF
MultiFamily
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Players
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
10.14%
Cash-on-Cash
-2.90%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93