Updated Dec 22, 2023
TheLiberowGroup Secures $21M Sale Of Multifamily Property In Los Angeles
11135 West Burbank Boulevard, North Hollywood, Burbank, CA, USA
$21,000,000
$548/SF
Building Size
38,263 SF
Asset Type
MultiFamily
Closing
Nov 9, 2020
About this deal
AI
Located at 11135 W. Burbank Blvd in Los Angeles, this multifamily property was recently sold for a total price of $21,000,000. The property consists of 70 units, with an average price per unit of $300,000. The total square footage is 38,263, resulting in a price per square foot of $548.83.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $21,000,000
- Address: 11135 W. Burbank Blvd, Los Angeles
- Units: 70
- Price per Unit: $300,000
- Total Square Footage: 38,263
- Price per Square Foot: $548.83
The seller's representative for this transaction was Sam Liberow from The Liberow Group.
Burbank 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
0.76%
Cash-on-Cash
-0.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93