Updated Dec 4, 2024
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.
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
3.82%
Cash-on-Cash
-1.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93