Updated Sep 9, 2024
Jared Levine & Hirsch Sherman Acquire North Hollywood Multi-Family Property For $1.93M
10909 Morrison Street, North Hollywood, CA 91601, USA
$1,930,000
$276/SF
Building Size
6,984 SF
Asset Type
MultiFamily
Closing
Jul 9, 2018
About this deal
AI
A multi-family property located at 10909 Morrison Street in North Hollywood was recently sold for $1,930,000. The property spans 6,984 square feet, resulting in a price per square foot of $276.
Summary of transaction details
- Property Type: Multi Family
- Transaction Amount: $1,930,000
- Square Footage: 6,984
- Price Per Square Foot: $276
Jared Levine and Hirsch Sherman, representing JML Real Estate Group, acted as the brokers in this transaction.
The multifamily sale at 10909 Morrison Street, North Hollywood, CA 91601, USA in Los Angeles, California sold for $1.9M in 2018. The building is 6,984 square feet, implying about 276 per square foot on the published price. Jared Levine, Hirsch Sherman, Keller Williams Realty appear on the sale alongside Keller Williams Realty. This page is the Los Angeles, California file for the 10909 Morrison Street, North Hollywood, CA 91601, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Los Angeles sit in the Market section below. Filter that Los Angeles multifamily set by closing date to see what else sold near 10909 Morrison Street, North Hollywood, CA 91601, USA around 2018. Published consideration for 10909 Morrison Street, North Hollywood, CA 91601, USA is $1.9M, dated 2018. Cite this Jared Levine & Hirsch Sherman Acquire North Hollywood Multi-Family Property For $1.93M sale when underwriting similar multifamily product around Los Angeles, California.
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Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.22%
Cash-on-Cash
-2.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93