Zaven & Vehanoosh Grigorian Purchase San Fernando Valley Multifamily For $1.95M
SOLD
$1,950,000
California
See Similar DealsMultiFamily5,180 SF
Sold
SOLD
Zaven & Vehanoosh Grigorian Purchase San Fernando Valley Multifamily For $1.95M
6929 Ben Avenue, North Hollywood, CA, USA
See Similar DealsMultiFamily5,180 SF
Sold
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$376
Total Square Footage:5180 SF
Transaction Type:Sale
This multi-family property located at 6929 Ben Ave in San Fernando Valley was recently sold for a price of $1,950,000. With a total square footage of 5,180, the price per square foot comes out to be $376.45. This sale represents the highest price per square foot sale of all multi-family properties in the 91605 zip code.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,950,000
- Address: 6929 Ben Ave
- Market: San Fernando Valley
The buyers of this property are Zaven & Vehanoosh Grigorian. The transaction was facilitated by broker Casey Picard of AI Partners.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$103,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,927.94
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,243.99
Annual Debt Service$110,927.94
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