Woodman Limited Acquires Multifamily In Van Nuys For $5.9M
7410 Woodman Ave, Van Nuys, Ca 91405, Usa
$5,925,000
$220/SF
Building Size
26,920 SF
Asset Type
MultiFamily
Closing
Oct 13, 2020
AI
A multifamily property located at 7410 Woodman Ave in Van Nuys, California has been sold for $5,925,000. The property spans a total of 26,920 square feet, resulting in a price per square foot of $227.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $5,925,000
- Address: 7410 Woodman Ave, Van Nuys, California
- Market: Van Nuys, California
The buyer in this transaction was Woodman Limited, while the seller was Mark Kaufman. The deal was facilitated by brokers David Leibowitz and Chris Thompson.
Van Nuys 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
2.68%
Cash-on-Cash
-0.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93