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7407 Haskell Avenue, Van Nu...

Haskell Partners LLC Acquires Multifamily Property On Haskell Avenue In Van Nuys For $2.08M
SOLDMultiFamily

Haskell Partners LLC Acquires Multifamily Property On Haskell Avenue In Van Nuys For $2.08M

7407 Haskell Avenue, Van Nuys, CA, USA

$2,075,000

$333/SF

Building Size

6,224 SF

Asset Type

MultiFamily

Closing

Oct 7, 2019

AI

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.

Players

Jason Tuvia

Marcus & Millichap

Broker

$127.3M

vol

42 deals

Broker

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

7.64%

Cash-on-Cash

-2.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93