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8010 Owensmouth Avenue

Updated Oct 29, 2024

Capri Equities LP Acquires 20-Unit Multifamily In Canoga Park For $3.6M
SOLDMultiFamily

Capri Equities LP Acquires 20-Unit Multifamily In Canoga Park For $3.6M

8010 Owensmouth Avenue

$3,600,000

$242/SF

Building Size

14,868 SF

Asset Type

MultiFamily

Closing

Oct 13, 2022

About this deal

AI

The multifamily property located at 8010 Owensmouth Ave in Canoga Park, CA has been sold in a closed transaction. The property spans 14,868 square feet and consists of 20 units. The sale price for the property was $3,600,000, resulting in a per unit price of $180,000. The price per square foot for the property was $242.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $3,600,000
  • Units: 20
  • Price per Unit: $180,000
  • Square Footage: 14,868
  • Price per Square Foot: $242
  • Address: 8010 Owensmouth Ave, Canoga Park, CA
  • Market: Canoga Park, CA

The buyer in the transaction was Capri Equities LP, represented by Ralph Peris. The seller of the property was Alexis Moinpour. The deal was facilitated by brokers Daniel Withers and John Boyett of Matthews Real Estate Investment Services.

Players

Daniel Withers

Matthews

Broker

$211.8M

vol

34 deals

Broker

Los Angeles MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $242 per square foot on a published $3.6M for 14,868 square feet (2022).

Visit Daniel Withers to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.41%

Cash-on-Cash

-1.26%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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