Amir Noohi And Elham Naghouty Sell Multifamily Property In Reseda For $1.83M With Broker Cory Stehr
7515 Canby Avenue, Reseda, CA 91335, USA
$1,830,000
$245/SF
Building Size
7,450 SF
Asset Type
MultiFamily
Closing
Aug 27, 2019
AI
The multifamily property located at 7515 Canby Ave in Reseda has been sold. The transaction took place on August 28, 2019. The property spans 7,450 square feet and consists of 10 units. The selling price for this asset was $1,830,000, resulting in a price per square foot of $245.64. The price per unit was $183,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,830,000
- Size: 7,450 square feet
- Price per square foot: $245.64
- Number of units: 10
- Price per unit: $183,000
The sellers of this property were Elham Naghouty and Amir Noohi. The transaction was facilitated by the broker Cory Stehr from Leela North Ventura Brokers.
Players
Los Angeles 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
8.67%
Cash-on-Cash
-2.48%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93