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5480 Quakertown Ave, Woodla...

Updated Sep 9, 2024

5480 Quakertown Ave Multifamily Sells For $13.86M With Brokers Mike Hanassab, Elliot Hassan & John Katnik
SOLDMultiFamily

5480 Quakertown Ave Multifamily Sells For $13.86M With Brokers Mike Hanassab, Elliot Hassan & John Katnik

5480 Quakertown Ave, Woodland Hills, Ca 91364, Usa

$13,860,000

$36/SF

Building Size

377,850 SF

Asset Type

MultiFamily

Closing

Jul 30, 2020

About this deal

AI

A multifamily property located at 5480 Quakertown Ave was recently sold in a closed transaction. The property spans 37,785 square feet and consists of 57 units. The sale price for this transaction was $13,860,000, resulting in a price per square foot of $366.81. The per unit price was $243,158.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $13,860,000
  • Square Footage: 37,785
  • Number of Units: 57

The transaction was facilitated by brokers Mike Hanassab, Elliot Hassan, and John Katnik.

Players

John Katnik

BRC Advisors

Broker

$121.6M

vol

22 deals

Broker
James Capital Advisors
James Capital AdvisorsBrokerage

Woodland Hills MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $36 per square foot on a published $13.9M for 377,850 square feet (2020).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.14%

Cash-on-Cash

-0.33%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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