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8726 Owensmouth Ave, Canoga...

Dynamic Aquatic Inc. Acquires Multifamily Property In Canoga Park For $1.55M
SOLDMultiFamily

Dynamic Aquatic Inc. Acquires Multifamily Property In Canoga Park For $1.55M

8726 Owensmouth Ave, Canoga Park, CA 91304, USA

$1,550,000

$339/SF

Building Size

4,568 SF

Asset Type

MultiFamily

Closing

Sep 21, 2020

AI

The multifamily property located at 8726 Owensmouth Ave in Canoga Park has been sold for a price of $1,550,000. The transaction took place on September 22, 2020.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,550,000
  • Address: 8726 Owensmouth Ave
  • Market: Canoga Park

The buyer of the property is Dynamic Aquatic Inc. representing themselves in the deal. The seller is Schachtle Trust. The transaction was facilitated by broker David Cohen.

Players

David Cohen

Meridian Capital Group

Broker

$275.1M

vol

8 deals

Broker

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

10.23%

Cash-on-Cash

-2.92%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93