Updated Dec 4, 2024
Janette Monfared Sells Multifamily Property In Valley Village For $8.25M
5505 Whitsett Ave, Valley Village, Ca 91607, Usa
$8,250,000
$245/SF
Building Size
33,680 SF
Asset Type
MultiFamily
Closing
Oct 29, 2020
About this deal
AI
The multifamily property located at 5505 Whitsett Ave in Valley Village has been sold for a transaction price of $8,250,000. The property spans across 33,680 square feet, resulting in a price per square foot of $244.95.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $8,250,000
- Square Footage: 33,680
- Price per Square Foot: $244.95
- Address: 5505 Whitsett Ave
- Market: Valley Village
Janette Monfared represented the seller in this transaction, while Mike Hanassab, Elliot Hassan, and John Katnik from James Capital Advisors acted as the buyer's representatives.
On the Map
$8,250,000
$245/SF
MultiFamily
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Players
Valley Village 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
1.92%
Cash-on-Cash
-0.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93