Updated Dec 21, 2023
Luis Silver Acquires Multifamily Property In Van Nuys For $3.32M
6711 Haskell Avenue, Van Nuys, CA 91406
$3,320,000
$302/SF
Building Size
10,990 SF
Asset Type
MultiFamily
Closing
Dec 3, 2021
About this deal
AI
An multifamily property located at 6711 Haskell Avenue in Van Nuys has been sold in a recent transaction. The property consists of 15 units with a total square footage of 10,990. The sale price for the property was $3,320,000, resulting in a per unit price of $221,333 and a per square foot price of $302.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,320,000
- Address: 6711 Haskell Avenue, Van Nuys
- Market: Van Nuys
Luis Silver was the buyer in this transaction, while Warren Silverberg acted as the seller. The deal was facilitated by Neema Ahadian and Sean Nami from Marcus & Millichap.
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
4.78%
Cash-on-Cash
-1.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93