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5261 Whitsett Avenue
SOLD

Taly Stelmach Acquires Multifamily Property In Valley Village For $7.6M

5261 Whitsett Avenue

MultiFamily
21,879 SF
clock iconSold 1 year ago
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Summary

Sale
CALIFORNIA
MultiFamily
21,879 sqft

A multifamily property located at 5261 Whitsett Avenue in Valley Village was recently sold for $7,600,000. The property consists of 28 units, with an average price per unit of $271,429. The total square footage of the property is 21,879, resulting in a price per square foot of $347. The sale was completed on June 18, 2021, with a Gross Rent Multiplier (GRM) of 13.98 and a Capitalization Rate (CAP) of 4.52%.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $7,600,000
  • Units: 28
  • Price per Unit: $271,429
  • Square Footage: 21,879
  • Price per Square Foot: $347
  • Gross Rent Multiplier (GRM): 13.98
  • Capitalization Rate (CAP): 4.52%

The buyer of the property was Taly Stelmach, while the seller was Sami Ayed. The deal was facilitated by broker Jason Tuvia.

Players

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    2

  • Agents

    1

  • Agencies

    1

Jason Tuvia's profile picture
Jason Tuvia
Marcus & Millichap-image
Senior Vice President
$110.3M Sold

Details

Deal Summary
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SOLD
IMAGE: Jason Tuvia DATE: 06/18/2021 ADDRESS: 5261 Whitsett Avenue MARKET: Valley Village ASSET TYPE: Multifamily BUYER: Taly Stelmach SELLER: Sami Ayed BROKER: Jason Tuvia (@TuviaGroup) SALE PRICE: $7,600,000 UNITS: 28 ~ PPU: $271,429 SF: 21,879 ~ PPSF: $347 GRM: 13.98 CAP: 4.52%

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Address5261 Whitsett Avenue

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