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11156 Acama Street

Updated Dec 4, 2024

Shawn Lyon Acquires North Hollywood Multifamily Property For $4.15M From Seller Dale Chaloukian
SOLDMultiFamily

Shawn Lyon Acquires North Hollywood Multifamily Property For $4.15M From Seller Dale Chaloukian

11156 Acama Street

$4,150,000

$311/SF

Building Size

13,321 SF

Asset Type

MultiFamily

Closing

Oct 16, 2023

About this deal

AI

Located at 11156 Acama Street in North Hollywood, this multifamily property was recently sold in a transaction facilitated by David Saghian of Kidder Mathews. The property consists of 13 units, with a total area of 13,321 square feet. The sale price for the property was $4,150,000, resulting in a per unit price of $319,231. The price per square foot was calculated at $311.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $4,150,000
  • Units: 13
  • Price per Unit: $319,231
  • Total Square Footage: 13,321
  • Price per Square Foot: $311
  • Market: North Hollywood

Shawn Lyon acted as the buyer in this transaction, while Dale Chaloukian served as the seller. David Saghian, representing Kidder Mathews, was the buyer's broker. This deal demonstrates the active real estate market in North Hollywood and the continued interest in multifamily properties in the area.

Players

David Saghian

Lyon Stahl Investment Real Estate

Broker

$170M

vol

26 deals

Broker

North Hollywood MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $311 per square foot on a published $4.2M for 13,321 square feet (2023).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.82%

Cash-on-Cash

-1.09%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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