Yaya Archwood Acquires Development Site In North Hollywood For $3.57M
11714-22 Archwood Street, North Hollywood, CA, USA
$3,570,000
$81/SF
Building Size
43,875 SF
Asset Type
Development Site
Closing
Apr 26, 2021
AI
A development site located at 11714-22 Archwood in North Hollywood has been sold for a price of $3,570,000. The site spans a total area of 43,875 square feet, resulting in a price per square foot of $81. The transaction took place on April 27, 2021.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $3,570,000
- Address: 11714-22 Archwood, North Hollywood
- Market: North Hollywood
The buyer, Yaya Archwood, acquired the property from the seller, Valley 5. Representing the buyer in the deal was Hooman Emanuel of Keller Williams Studio City, while the seller was represented by Yana Vlady and Richard Ringer of Marcus & Millichap.
Players
North Hollywood Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.44%
Cash-on-Cash
-1.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93