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11426 Emelita Street

Juana Acosta Acquires Multifamily Property In North Hollywood For $1.2M
SOLDMultiFamily

Juana Acosta Acquires Multifamily Property In North Hollywood For $1.2M

11426 Emelita Street

$1,200,000

$391/SF

Building Size

3,068 SF

Asset Type

MultiFamily

Closing

Dec 13, 2023

AI

The multifamily property located at 11426 Emelita Street in North Hollywood has been sold in a recent transaction. The property consists of 4 units, with a total square footage of 3,068. The asking price for this multifamily asset was $1,350,000, and it was sold for $1,200,000. This translates to a per unit price of $300,000. The price per square foot for the property was $391.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,200,000
  • Address: 11426 Emelita Street
  • Market: North Hollywood
  • Units: 4
  • Square Footage: 3,068

The buyer of the property was Juana Acosta, while Ryan Yerchanig acted as the seller. The brokers involved in the deal were Akash Saini and Morgan Wetmore, representing Keller Williams.

A note from Brisa Jeronimo, a team member, provides additional insight into the transaction.

Players

Akash Saini
Verified Badge

Akash Saini

Keller Williams Realty

Broker

$83.6M

vol

26 deals

Broker

Juana Acosta

Buyer

$2.3M

vol

2 deals

Buyer

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

13.22%

Cash-on-Cash

-3.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93