David Soferi Acquires Multifamily Property In Valley Village For $2.55M
5435 Bellingham Avenue
$2,550,000
$288/SF
Building Size
8,854 SF
Asset Type
MultiFamily
Closing
Dec 12, 2023
AI
The multifamily property located at 5435 Bellingham Avenue in Valley Village has been sold in a closed transaction. The property consists of 11 units with a price per unit (PPU) of $231,818. The total square footage of the property is 8,854, with a price per square foot (PPSF) of $288. The sale price for this transaction was $2,550,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,550,000
- Units: 11
- Price Per Unit: $231,818
- Square Footage: 8,854
- Price Per Square Foot: $288
- Address: 5435 Bellingham Avenue, Valley Village
The buyer of this property is David Soferi, while the seller is Scott Widell. The transaction was facilitated by Tony Sameyah and Reza Ghobadi from Colliers International.
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
6.22%
Cash-on-Cash
-1.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93