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
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