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Stephen Plut Acquires Multifamily Asset At 13028 Valleyheart Drive In Studio City For $7.45M

Property Image
SOLD
$7,450,000
Brett Sanson
Jeffrey Louks
+ 1

California

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MultiFamily21,744 SF
Sold 10/31/2024
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Property Image
SOLD

Stephen Plut Acquires Multifamily Asset At 13028 Valleyheart Drive In Studio City For $7.45M

13028 Valleyheart Drive

See Similar Deals
MultiFamily21,744 SF
Sold 10/31/2024
Brett Sanson
Jeffrey Louks
+ 1
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$342
Total Square Footage:21,744 SF
Transaction Type:Sale

The property asset involved in this transaction is a multifamily unit located at 13028 Valleyheart Drive in Studio City. The transaction concluded with a sale price of $7,450,000. The asset comprises 18 units with a total square footage of 21,744, resulting in a per unit price of $413,888 and a price per square foot of $342.

Summary of transaction details:

The key individuals involved in this deal include the buyer Stephen Plut, represented by Akash Saini and Taylor Magon from Keller Williams Realty. The seller was represented by Brett Sanson and Jeffrey Louks from Marcus & Millichap, who facilitated the transaction in the Studio City market.

Players

Brett Sanson
12 deals$76.3M volume(818) 212-2785
BROKER

Akash Saini
Keller Williams Realty
25 deals$77.3M volume(818) 642-0242
BROKER

Jeffrey Louks
Marcus & Millichap
8 deals$49.1M volume(818) 212-2780
BROKER

Taylor Magon
Keller Williams Realty
1 deal$7.5M volume(818) 927-2929
BROKER

Details

SOLD
IMAGE: Brett Sanson, Jeffrey Louks, Akash Saini & Taylor Magon DATE: 10/31/2024 ADDRESS: 13028 Valleyheart Drive MARKET: Studio City ASSET TYPE: Multifamily BUYER: Stephen Plut BUYER'S REP: Akash Saini (@AkashdSaini) & Taylor Magon (@Taylorthebroker) - Keller Williams Realty (@KellerWilliamsRealty), (@KWStudioCity), @KWCalabasas), (@TheCommercialBrokers) SELLER'S REP: Brett Sanson (@SansonMultifamilyGroup) & Jeffrey Louks - Marcus & Millichap (@MarcusMillichapInc) SALE PRICE: $7,450,000 UNITS: 18 ~ PPU: $413,888 SF: 21,744 ~ PPSF: $342

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

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