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James Capital Advisors Acquires Multifamily Property In Van Nuys For $13.35M

13961 & 14007 Oxnard Street
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This MultiFamily property located in CA was sold for $13,350,000 about 3 years ago. The brokers of the deal were Elliot Hassan, Michael (Mike) Hanassab, John Katnik, and Janette Monfared

A multifamily property located at 13961 & 14007 Oxnard St in Van Nuys has been sold for a total price of $13,350,000. This property consists of 60 units, with an average price per unit of $222,500. The total square footage of the property is 10,000, resulting in a price per square foot of $1,335. The property was sold at a 3.75% capitalization rate.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $13,350,000
  • Units: 60
  • Price Per Unit: $222,500
  • Square Footage: 10,000
  • Price Per Square Foot: $1,335
  • Capitalization Rate: 3.75%

The buyer's representatives for this transaction were Mike Hanassab, Elliot Hassan, and John Katnik from James Capital Advisors. Janette Monfared represented the seller in the deal.

View Related

Deals
  • Location
    13961 Oxnard Street, Van Nuys, CA, USA13961 Oxnard Street, Van Nuys, CA, USA
  • Sale Price
    $13,350,000$13,350,000
    $1,335 PPSF$1,335 PPSF
  • Area
    10,000 SF10,000 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    4 Brokers, 2 Agencies4 Brokers, 2 Agencies

Agents

Michael (Mike) Hanassab

Michael (Mike) Hanassab

Deals15
Sold$92M

Agencies

James Capital Advisors

James Capital Advisors

Agency
Deals105
Volume$1.4B

Marcus & Millichap

Marcus & Millichap

Agency
Deals6999
Volume$66B

Social

Deal Summary

[embed] SALE IMAGE: Mike Hanassab, Elliot Hassan, John Katnik & Janette Monfared DATE: 01/08/2021 ADDRESS: 13961 & 14007 Oxnard St MARKET: Van Nuys ASSET TYPE: Multifamily BUYER’S REP: @MikeHanassab, Elliot Hassan (@EHassan) & @JohnKatnik @JamesCapitalAdvisors SELLER’S REP: Janette Monfared @MonfaredJanette SALE PRICE: $13,350,000 UNITS: 60 ~ PPU: $222,500 SF: 10,000 ~ PPSF: $1,335 CAP: 3.75%

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13961 & 14007 Oxnard Street

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