Neema Ahadian & Sean Nami Acquire Multifamily Property In Panorama City For $22.3M
SOLD
$22,300,000
California
See Similar DealsMultiFamily65,895 SF
Sold 03/25/2022
SOLD
Neema Ahadian & Sean Nami Acquire Multifamily Property In Panorama City For $22.3M
7851 Ventura Canyon Avenue, Panorama City, California 91402, United States
See Similar DealsMultiFamily65,895 SF
Sold 03/25/2022
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$338
Total Square Footage:65,895 SF
Transaction Type:Sale
Located at 7851 Ventura Canyon Ave in Panorama City, this multifamily property was recently sold. The transaction took place on 03/25/2022 and was facilitated by Neema Ahadian and Sean Nami of Marcus & Millichap.
Summary of transation details
- Property Type: Multifamily
- Sale Price: $22,300,000
- Units: 51
- Price per Unit: $437,254
- Square Footage: 65,895
- Price per Square Foot: $338
Neema Ahadian and Sean Nami from Marcus & Millichap represented the buyer and seller in this transaction. The property consists of 51 units with a total square footage of 65,895. The sale price for this multifamily asset was $22,300,000, translating to an average price per unit of $437,254 and a price per square foot of $338.
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)
$1,189,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$79,227.20
Cash-on-Cash Return-1.27%
Monthly Debt Service$105,713.38
Annual Debt Service$1,268,560.52
Is there something missing? Send suggestions