Updated Oct 28, 2024
Pacific Urban Investors Acquires Multifamily Property In San Fernando Valley From Seller SPI Holdings
5807 Topanga Canyon Boulevard, Woodland Hills, California 91367, United States
$134,500,000
Units
324
Asset Type
MultiFamily
Closing
Jun 15, 2022
About this deal
AI
5807 Topanga Canyon Boulevard, located in San Fernando Valley, was recently sold in a multifamily transaction. The property consists of 324 units and was sold for a total price of $134,500,000. This translates to an average price per unit of $415,123.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $134,500,000
- Address: 5807 Topanga Canyon Boulevard
- Market: San Fernando Valley
Pacific Urban Investors, represented by Alfred Pace, acquired the property from SPI Holdings, represented by Dennis Wong.
Note: No additional information was provided regarding financing or other individuals involved.
On the Map
$134,500,000
MultiFamily
View full map
Players
Los Angeles MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Dennis Wong to view all their deals.
Browse Los Angeles multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.12%
Cash-on-Cash
-0.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93