Elizabeth Maddox & Ian Maddox Facilitate $3,325,000 Sale Of North Hollywood Multifamily
10717 Addison Street
$3,325,000
$552/SF
Building Size
6,024 SF
Asset Type
MultiFamily
Closing
Mar 21, 2024
AI
10717 Addison Street in North Hollywood is a multifamily property that was recently sold for $3,325,000. The property spans 6,024 square feet and was sold at a price per square foot of $552.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,325,000
- Address: 10717 Addison Street
- Market: North Hollywood
- Brokers: Elizabeth Maddox & Ian Maddox - The 2-4 Unit Specialists
- Total SF: 6,024
- Price Per SF: $552
The sale of 10717 Addison Street in North Hollywood was facilitated by brokers Elizabeth Maddox and Ian Maddox, who specialize in 2-4 unit properties. They successfully closed the deal for the multifamily property, showcasing their expertise in this segment of the real estate market.
Players
North Hollywood MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.77%
Cash-on-Cash
-1.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93