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6958 Woodman Avenue, Valley...

Greenbridge Investment Partners Acquires Multifamily Property In Valley Village For $5.1M
SOLDMultiFamily

Greenbridge Investment Partners Acquires Multifamily Property In Valley Village For $5.1M

6958 Woodman Avenue, Valley Glen, CA, USA

$5,075,000

$220/SF

Building Size

23,000 SF

Asset Type

MultiFamily

Closing

Mar 30, 2021

AI

Located in Valley Village, the multifamily property at 6958 Woodman Avenue has been sold in a recent transaction. The sale was facilitated by broker Robert Jacobson, representing the seller, American West Mortgage Services. The buyer of the property is Greenbridge Investment Partners, represented by Joshua Farahi, who also shared an image of the property on Instagram.

Summary of transaction details

  • Property Type: Multifamily
  • Sale Price: $5,075,000
  • Square Footage: 23,000
  • Price per Square Foot: $220
  • Market: Valley Village
  • Buyer: Greenbridge Investment Partners - Joshua Farahi
  • Seller: American West Mortgage Services
  • Broker: Robert Jacobson

This transaction took place on March 31, 2021, and the property spans a total of 23,000 square feet. With a sale price of $5,075,000, the price per square foot amounts to $220. Joshua Farahi, representing Greenbridge Investment Partners, played a crucial role in acquiring the property, while Robert Jacobson acted as the broker for American West Mortgage Services, the seller.

Players

Robert Jacobson

Broker

$99.7M

vol

7 deals

Broker
GP
Greenbridge Investment PartnersBuyer
AS
American West Mortgage ServicesSeller

Van Nuys MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.13%

Cash-on-Cash

-0.89%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93