Daily limit: 0/10
Jason Tuvia Of Marcus & Millichap Represents Buyer In $2.075M Sale Of Multifamily In Winnetka
SOLD
$2,075,000
California
See Similar DealsMultiFamily10,390 SF
Sold 08/22/2024
SOLD
Jason Tuvia Of Marcus & Millichap Represents Buyer In $2.075M Sale Of Multifamily In Winnetka
7353 Corbin Avenue
See Similar DealsMultiFamily10,390 SF
Sold 08/22/2024
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$199
Total Square Footage:10,390 SF
Transaction Type:Sale
A 10-unit multifamily property located at 7353 Corbin Avenue in Winnetka was sold for $2,075,000. The property encompasses 10,390 square feet and is situated on 0.26 acres, with a price per unit of $207,500 and a price per square foot of $200.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,075,000
- Units: 10
- Square Footage: 10,390
- Price per Unit: $207,500
- Price per Square Foot: $200
- Address: 7353 Corbin Avenue
- Market: Winnetka
- Buyer's Representative: Jason Tuvia - Marcus & Millichap
- Seller's Representative: Michael A. Salerno - Lee & Associates
The transaction reflects the efforts of Jason Tuvia of Marcus & Millichap, representing the buyer, and Michael A. Salerno of Lee & Associates, who represented the seller. The property presents significant rental upside due to below-market rents and includes an assumable 4% loan.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$110,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,372.05
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,836.56
Annual Debt Service$118,038.70
Is there something missing? Send suggestions