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5732 Sepulveda Boulevard, V...

Avi Rosenbluth Acquires Multifamily Property In San Fernando Valley For $7.4M
SOLDMultiFamily

Avi Rosenbluth Acquires Multifamily Property In San Fernando Valley For $7.4M

5732 Sepulveda Boulevard, Van Nuys, CA, USA

$7,400,000

$321/SF

Building Size

23,044 SF

Asset Type

MultiFamily

Closing

Aug 13, 2021

AI

Located at 5732 Sepulveda Boulevard in the San Fernando Valley, this multifamily property was recently sold in a transaction. The sale took place on August 13, 2021, and the asset consists of a total of 23,044 square feet. The sale price for this property was $7,400,000, resulting in a price per square foot of $321.

Summary of Transaction Details

  • Property Type: Multifamily
  • Transaction Amount: $7,400,000
  • Market: San Fernando Valley

Avi Rosenbluth acquired the property from the seller, Alex Kalinsky. The deal was facilitated by brokers Paul Darrow, Kevin Green, and Joe Grabiec from THGMF, who represented the buyer and seller in the transaction.

Players

Kevin Green

Marcus & Millichap

Broker

$3.5B

vol

54 deals

Broker

Van Nuys 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

2.14%

Cash-on-Cash

-0.61%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93