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10916 Peachgrove Street

Zeina Maalouf & Adrienne Barr Close $4.06M Multifamily Sale In North Hollywood
SOLDMultiFamily

Zeina Maalouf & Adrienne Barr Close $4.06M Multifamily Sale In North Hollywood

10916 Peachgrove Street

$4,057,725

$407/SF

Building Size

9,970 SF

Asset Type

MultiFamily

Closing

Apr 16, 2024

AI

The multifamily property at 10916 Peachgrove Street in North Hollywood was sold for $4,057,725. The property consists of 9,970 square feet and has a price per square foot of $407. Zeina Maalouf from Positive Investments served as the buyer's representative, while Adrienne Barr of Berkadia represented the seller. The property features spacious two-bedroom/two-bathroom units and offers close proximity to various amenities, as well as direct access to prominent employers and transportation options.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $4,057,725
  • Address: 10916 Peachgrove Street
  • Market: North Hollywood
  • Buyer's Rep: Zeina Maalouf - Positive Investments
  • Seller's Rep: Adrienne Barr - Berkadia
  • Square Footage: 9,970
  • Price per Square Foot: $407

Positive Investments was represented by Zeina Maalouf in the acquisition of the property, while Adrienne Barr acted on behalf of Berkadia in the transaction.

Players

Adrienne Barr

Berkadia

Broker

$411.9M

vol

12 deals

Broker

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

3.91%

Cash-on-Cash

-1.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93