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Joseph Eshagian Acquires Multifamily Property In Van Nuys From Sandra Ginsburg For $1.65M

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SOLD
$1,650,000

California

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MultiFamily5,007 SF
Sold 08/11/2025
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SOLD

Joseph Eshagian Acquires Multifamily Property In Van Nuys From Sandra Ginsburg For $1.65M

17610 Sherman Way

See Similar Deals
MultiFamily5,007 SF
Sold 08/11/2025
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$329
Total Square Footage:5,007 SF
Transaction Type:Sale

The property asset involved in this transaction is a multifamily building located at 17610 Sherman Way, Van Nuys. The sale price achieved for this asset was $1,650,000. The building comprises 4 units and offers a total of 5,007 square feet, which translates to a price per unit of $412,500 and a price per square foot of $329.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,650,000
  • Address: 17610 Sherman Way
  • Market: Van Nuys
  • Units: 4
  • Square Footage: 5,007
  • Price Per Unit: $412,500
  • Price Per Square Foot: $329

The key individuals involved in this transaction include the buyer, Joseph Eshagian, and the seller, Sandra Ginsburg. The brokers representing the transaction are Daniel Withers and Zack Traversi from Matthews Real Estate Investment Services, who facilitated this deal.

Players

Daniel Withers
32 deals$198.2M volume(310) 365-5054
BROKER

Zack Traversi
Matthews
1 deal$1.7M volume(424) 212-1096
BROKER

Matthews
BROKERAGE

Details

SOLD
IMAGE: Daniel Withers & Zack Traversi DATE: 08/11/2025 ADDRESS: 17610 Sherman Way MARKET: Van Nuys ASSET TYPE: Multifamily BUYER: Joseph Eshagian SELLER: Sandra Ginsburg BROKERS: Daniel Withers (@DWithers7) & Zack Traversi (@ZackTraversi) - Matthews Real Estate Investment Services (@Matthews_REIS) SALE PRICE: $1,650,000 UNITS: 4 ~ PPU: $412,500 SF: 5,007 ~ PPSF: $329

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

$88,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,862.09
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,821.84
Annual Debt Service$93,862.10