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Bruce Bernard Acquires 12-Unit Multifamily In North Hollywood For $4.15M

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SOLD
$4,150,000

California

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MultiFamily9,919 SF
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SOLD

Bruce Bernard Acquires 12-Unit Multifamily In North Hollywood For $4.15M

10940 Hesby Street

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MultiFamily9,919 SF
Sold
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$418
Total Square Footage:9919 SF
Transaction Type:Sale

The multifamily property located at 10940 Hesby St. in North Hollywood has been sold in a recent transaction. The property consists of 12 units with a total area of 9,919 square feet. The sale price for this multifamily asset was $4,150,000, resulting in a price per unit of $345,833 and a price per square foot of $418.

Summary of transaction details

  • Property Type: Multifamily
  • Sale Price: $4,150,000
  • Number of Units: 12
  • Price Per Unit: $345,833
  • Total Square Footage: 9,919
  • Price Per Square Foot: $418
  • Address: 10940 Hesby St.
  • Market: North Hollywood

The buyer in this transaction is Bruce Bernard, and the seller is Carla Adelmann. Representing the buyer, Yana Vlady and Richard Ringer from Marcus & Millichap played a key role, while Melinda Russell from CBRE acted as the seller's representative.

Players

Melinda Russell
5 deals$63.5M volume(818) 907-4704
BROKER

Richard Ringer
Marcus & Millichap
19 deals$169.7M volume
BROKER

Yana Vlady
Marcus & Millichap
12 deals$58.7M volume
BROKER

Details

SOLD
IMAGE: Richard Ringer & Yana Vlady DATE: 07/22/2022 ADDRESS: 10940 Hesby St. MARKET: North Hollywood ASSET TYPE: Multifamily BUYER: Bruce Bernard SELLER: Carla Adelmann BUYER’S REP: Yana Vlady (@VladyCRE) & Richard Ringer (@RingerGroup) - Marcus & Millichap SELLER’S REP: Melinda Russell - CBRE SALE PRICE: $4,150,000 UNITS: 12 ~ PPU: $345,833 SF: 9,919 ~ PPSF: $418

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