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
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.
Players
Valley Village MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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