Updated Aug 26, 2025
Mark Colman Purchases Canoga Park Multifamily Asset From Yin-How Liao For $3.785M
7025 Vassar Avenue
$3,785,000
$235/SF
Building Size
16,106 SF
Asset Type
MultiFamily
Closing
Aug 22, 2025
About this deal
AI
The property involved in this transaction is a multifamily asset located at 7025 Vassar Avenue in the Canoga Park market. The sale price of the property was $3,785,000, which equates to a price per unit of $210,277. The total square footage of the asset is 16,106, resulting in a price per square foot of $235. The property consists of 18 units.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,785,000
- Buyer: Mark Colman
- Seller: Yin-How Liao
- Broker: Aaron Jacobson - Lyon Stahl Investment Real Estate
Key individuals in the transaction include Mark Colman as the buyer and Yin-How Liao as the seller. The deal was brokered by Aaron Jacobson from Lyon Stahl Investment Real Estate, representing the negotiation and sale of the multifamily property in this transaction.
On the Map
$3,785,000
$235/SF
MultiFamily
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Canoga Park 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
4.19%
Cash-on-Cash
-1.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93