Updated Jul 8, 2025
Pouya Farzadfar Acquires Development Site In North Hollywood For $1.25M Represented By Nathan Shaolian
6336 Beck Avenue, North Hollywood, CA 91606
$1,252,000
$135/SF
Building Size
9,225 SF
Asset Type
Development Site
Closing
Nov 9, 2020
About this deal
AI
The asset involved in the transaction is a development site located at 6336 Beck Avenue in North Hollywood. The transaction was completed at a sale price of $1,252,000, with a building square footage of 9,225 and a price per building square foot of $135.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $1,252,000
- Address: 6336 Beck Avenue
- Market: North Hollywood
- Building Square Footage: 9,225
- Price per Building Square Foot: $135
- Buyer: Pouya Farzadfar
- Seller: Orlando Palacios
- Broker: Nathan Shaolian - BRC Advisors
This transaction involved Pouya Farzadfar as the buyer and Orlando Palacios as the seller, represented by broker Nathan Shaolian from BRC Advisors. The deal showcases the collaboration of key individuals in the real estate market, highlighting the active roles played by both buyer and seller in facilitating this transaction.
Players
Los Angeles 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
12.67%
Cash-on-Cash
-3.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93