Updated Dec 4, 2024
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
About this deal
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.
On the Map
$4,057,725
$407/SF
MultiFamily
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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
3.91%
Cash-on-Cash
-1.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93