Haskell Partners LLC Acquires Multifamily Property On Haskell Avenue In Van Nuys For $2.08M
SOLD
$2,075,000
California
See Similar DealsMultiFamily6,224 SF
Sold 10/08/2019
SOLD
Haskell Partners LLC Acquires Multifamily Property On Haskell Avenue In Van Nuys For $2.08M
7407 Haskell Avenue, Van Nuys, CA, USA
See Similar DealsMultiFamily6,224 SF
Sold 10/08/2019
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$333
Total Square Footage:6,224 SF
Transaction Type:Sale
A multifamily property located at 7407 Haskell Avenue in Van Nuys has been sold for a price of $2,075,000. The property, consisting of 8 units, spans across 6,224 square feet with a price per square foot of $333.39. The buyer, Haskell Partners LLC, acquired the property from the seller, 7407 Haskell LLC.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,075,000
- Address: 7407 Haskell Avenue
- Market: Van Nuys
- SF: 6,224
- PPSF: $333.39
- Units: 8
The brokers involved in the deal are Jason Tuvia and Josh Yeager from tuviagroup acting as representatives for the buyer, Haskell Partners LLC. They facilitated the transaction between the buyer and seller, providing expertise in navigating the sale of the multifamily property.
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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
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