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James A. Fink & Donna Truong Acquire Package Deal In Sherman Oaks For $3.23M

Property Image
SOLD
$3,230,000
David Eli
AL

California

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Other6,238 SF
Sold 09/30/2020
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Property Image
SOLD

James A. Fink & Donna Truong Acquire Package Deal In Sherman Oaks For $3.23M

15467 La Maida St, Sherman Oaks, CA 91403, USA

See Similar Deals
Other6,238 SF
Sold 09/30/2020
David Eli
AL
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:Other
Price Per Square Foot:$517
Total Square Footage:6,238 SF
Transaction Type:Sale

The package deal involving 15467 La Maida Street and 15468 La Maida Street in Sherman Oaks has been closed for a total price of $3,230,000. The combined square footage of the properties is 6,238, resulting in a price per square foot of $517. The buyer in this transaction is James A. Fink & Donna Truong, while the seller is Assi N. Luskey – Luskey Design. The broker representing the deal is David Eli.

Summary of transaction details:

  • Property Type: Package Deal
  • Transaction Amount: $3,230,000
  • Address: 15467 La Maida Street, 15468 La Maida Street, Sherman Oaks
  • Market: Sherman Oaks
  • Square Footage: 6,238
  • Price per Square Foot: $517
  • Buyer: James A. Fink & Donna Truong
  • Seller: Assi N. Luskey – Luskey Design
  • Broker: David Eli

David Eli played a crucial role as the broker in this transaction, facilitating the deal between the buyer and seller. The successful completion of this package deal marks an important achievement for all parties involved.

Players

David Eli
David Eli
9 deals$20.7M volume
BROKER
AL
Assi Luskey
3 deals$8.5M volume
SELLER

Details

SOLD
IMAGE: IMAGE: David Eli @DavidEli173 DATE: 09/30/2020 ADDRESS: 15467 La Maida Street, 15468 La Maida Street MARKET: Sherman Oaks ASSET TYPE: Package Deal PRICE: $3,230,000 SF: 6,238 ~ PPSF: $517 BUYER: James A. Fink & Donna Truong SELLER: Assi N. Luskey – Luskey Design BROKER: David Eli

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

$172,266.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$11,475.50
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,311.85
Annual Debt Service$183,742.17