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14322 Collins Street, Van N...

Artis Jenkins Acquires SFR In Sherman Oaks For $1.54M
SOLDSingle Family Residence

Artis Jenkins Acquires SFR In Sherman Oaks For $1.54M

14322 Collins Street, Van Nuys, CA 91401

$1,535,000

$709/SF

Building Size

2,163 SF

Asset Type

Single Family Residence

Closing

Nov 4, 2021

AI

A single-family residential property located at 14322 Collins St. in Sherman Oaks was recently sold for $1,535,000. The property spans across 2,163 square feet, resulting in a price per square foot of $709. The transaction took place on November 4, 2021.

Summary of transaction details

  • Property Type: SFR
  • Sale Price: $1,535,000
  • Square Footage: 2,163
  • Price per Square Foot: $709
  • Address: 14322 Collins St.
  • Market: Sherman Oaks

Artis Jenkins acquired the property from Telos Properties. The deal was facilitated by Brandon Piller and Joey Ben-Zvi from The BZP Group at The Agency. It's worth noting that last year, Brandon Piller and Joey Ben-Zvi represented a developer client in their purchase of the property for $751,000. After a year of redevelopment, including the addition of a master bedroom and a brand-new ADU, the property was successfully sold above asking price at $1,535,000.

Players

Joey Ben-Zvi

The Agency

Broker

$68.5M

vol

14 deals

Broker
TP
Telos PropertiesSeller

Los Angeles Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.33%

Cash-on-Cash

-2.95%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93