69-Unit Multi-Family Community

4606-4616 Willis Avenue | Sherman Oaks, CA

Sales Price: $16,500,000

Seller: Pension Fund Advisor

Buyer: RCMI

Units: 69

Price per Unit: $239,130

Price per Sq. Ft.: $184.46

Year Built: 2000

Lot Size Sq. Ft.: 54,450

Gross Bldg. Sq. Ft.: 90,248

Net Rentable Sq. Ft.: 89,450

Financing: Fannie Mae

Loan Originator/Broker: Capmark Finance/Jim McBirney

On Market Date: January 21, 2009

Close of Escrow: May 20, 2009