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11146 Camarillo Street

Jeff Harris Acquires 13-Unit Multifamily Property In North Hollywood For $3.6M
SOLDMultiFamily

Jeff Harris Acquires 13-Unit Multifamily Property In North Hollywood For $3.6M

11146 Camarillo Street

$3,600,000

$264/SF

Building Size

13,616 SF

Asset Type

MultiFamily

Closing

Dec 19, 2023

AI

A multifamily property located at 11146 Camarillo Street in North Hollywood has been sold for a total price of $3,600,000. The property consists of 13 units with an average price per unit of $276,923. It spans a total area of 13,616 square feet, resulting in a price per square foot of $264.

Summary of Transaction Details:

  • Property Type: Multifamily
  • Transaction Amount: $3,600,000
  • Units: 13
  • Price Per Unit: $276,923
  • Total Square Footage: 13,616
  • Price Per Square Foot: $264
  • Address: 11146 Camarillo Street
  • Market: North Hollywood

The buyer of the property is Jeff Harris, while Scott Widell acted as the seller. The seller was represented by Tony Sameyah and Reza Ghobadi from Colliers International.

Players

Reza Ghobadi

Colliers

Broker

$277.6M

vol

37 deals

Broker
Jeff Harris

Jeff Harris

Gelt Inc.

Buyer

$246.8M

vol

7 deals

Buyer

Scott Widell

Seller

$7.5M

vol

3 deals

Seller

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

4.41%

Cash-on-Cash

-1.26%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93