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10816 Camarillo St, North H...

Brett Sanson Sells Multifamily Asset In North Hollywood For $3.27M
SOLDMultiFamily

Brett Sanson Sells Multifamily Asset In North Hollywood For $3.27M

10816 Camarillo St, North Hollywood, CA, USA

$3,275,000

$403/SF

Building Size

8,120 SF

Asset Type

MultiFamily

Closing

Jul 29, 2019

AI

A multifamily property located at 10816 Camarillo St in North Hollywood has been sold for $3,275,000. The property spans across 8,120 square feet, resulting in a price per square foot of $403.33. This transaction was completed by Brett Sanson, a broker representing the buyer and seller.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $3,275,000
  • Square Footage: 8,120
  • Price Per Square Foot: $403.33
  • Address: 10816 Camarillo St, North Hollywood
  • Market: North Hollywood

The property was sold at 99% of the list price and received an accepted offer within 7 days of being on the market. It became fully non-contingent within 17 days of being listed.

Players

Brett Sanson

Marcus & Millichap

Broker

$76.3M

vol

12 deals

Broker

Los Angeles 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

4.84%

Cash-on-Cash

-1.38%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93