Updated Oct 29, 2024
Matt Altman Acquires Sherman Oaks SFR From Woodbridge Liquidation Trust For $7.1M
$7,100,000
$642/SF
Building Size
11,058 SF
Asset Type
Single Family Residence
Closing
Aug 17, 2020
About this deal
AI
A single-family residence (SFR) located in Sherman Oaks has recently been sold. The property, with a square footage of 11,058, was sold on 08/18/2020 for a price of $7,100,000. This translates to a price per square foot (PPSF) of $642. The sale was completed between the buyer, Matt Altman, and the seller, Woodbridge Liquidation Trust.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $7,100,000
- Square Footage: 11,058
- Price per Square Foot: $642
- Buyer: Matt Altman
- Seller: Woodbridge Liquidation Trust
- Date: 08/18/2020
- Market: Sherman Oaks
Matt Altman represented himself as the buyer in this property transaction, while Woodbridge Liquidation Trust acted as the seller's representative.
Players
Market Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $642 per square foot on a published $7.1M for 11,058 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.23%
Cash-on-Cash
-0.64%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93