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David Adams Purchases Multifamily Asset From Aaron Straz At 6911 Haskell Avenue For $4.69M

Property Image
SOLD
$4,690,000
Rick Raymundo
+ 2

California

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MultiFamily18,902 SF
Sold 01/09/2026
the dealplayerscompscontact
Property Image
SOLD

David Adams Purchases Multifamily Asset From Aaron Straz At 6911 Haskell Avenue For $4.69M

6911 Haskell Avenue

See Similar Deals
MultiFamily18,902 SF
Sold 01/09/2026
Rick Raymundo
+ 2
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$248
Total Square Footage:18,902 SF
Transaction Type:Sale

The property asset involved in this transaction is a multifamily building located at 6911 Haskell Avenue in Lake Balboa, Van Nuys. The sale price for the asset was $4,690,000, and it comprises 25 units with a price per unit of $187,600. The total square footage of the property is 18,902, resulting in a price per square foot of $248.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $4,690,000
  • Address: 6911 Haskell Avenue
  • Market: Lake Balboa, Van Nuys
  • Units: 25
  • Price Per Unit: $187,600
  • Total Square Footage: 18,902
  • Price Per Square Foot: $248
  • Buyer: David Adams
  • Seller: Aaron Straz
  • Brokers: Rick Raymundo, Ben Savoy, Phil Rodgers & Tony Friedman - Marcus & Millichap

This transaction included key individuals such as buyer David Adams and seller Aaron Straz, represented by brokers Rick Raymundo, Ben Savoy, Phil Rodgers, and Tony Friedman from Marcus & Millichap, showcasing a collaborative effort from experienced professionals in the multifamily market sector.

Players

Rick Raymundo
52 deals$417.4M volume(818) 219-6146
BROKER

Philip (Phil) Rodgers
Marcus & Millichap
6 deals$39.3M volume(213) 943-1800
BROKER

Benjamin (Ben) Savoy
Marcus & Millichap
3 deals$18.2M volume(213) 943-1815
BROKER


Marcus & Millichap
BROKERAGE

David Adams
1 deal$1.3M volume
BUYER

Details

SOLD
IMAGE: Rick Raymundo, Ben Savoy & Phil Rodgers DATE: 01/09/2026 ADDRESS: 6911 Haskell Avenue MARKET: Lake Balboa, Van Nuys ASSET TYPE: Multifamily BUYER: David Adams SELLER: Aaron Straz BROKERS: Rick Raymundo (@TheRaymundoGroup), Ben Savoy (@Ben.Savoy), Phil Rodgers & Tony Friedman - Marcus & Millichap (@MarcusMillichapInc) SALE PRICE: $4,690,000 UNITS: 25 ~ PPU: $187,600 SF: 18,902 ~ PPSF: $248

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$250,133.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$16,662.59
Cash-on-Cash Return-1.27%
Monthly Debt Service$22,232.99
Annual Debt Service$266,795.91