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11447 Cumpston Street

Mihwa Yi Of Epique Realty Represents Buyer In $3.35M Multifamily Sale In North Hollywood
SOLDMultiFamily

Mihwa Yi Of Epique Realty Represents Buyer In $3.35M Multifamily Sale In North Hollywood

11447 Cumpston Street

$3,350,000

$507/SF

Building Size

6,600 SF

Asset Type

MultiFamily

Closing

Dec 4, 2025

AI

11447 Cumpston Street is a multifamily asset located in North Hollywood, comprising a brand-new four-unit townhome development. The sale price for the property was $3,350,000, featuring a total of 6,600 square feet, with a price per unit of $837,500 and a price per square foot of $508. The property includes eight parking spaces across gated grounds.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,350,000
  • Units: 4
  • Square Footage: 6,600
  • Price Per Unit: $837,500
  • Price Per Square Foot: $508
  • Market: North Hollywood
  • Buyer's Representative: Mihwa Yi - Epique Realty
  • Seller's Representatives: Michael Fitzgerald - Power Brokers; Isaac Davidi - The Davidi Company

The property was represented by Mihwa Yi for the buyer, while the seller was represented by Michael Fitzgerald and Isaac Davidi. This development is situated in the NoHo Arts District, providing strong rental income potential due to its proximity to restaurants, theaters, and major freeways.

Players

Isaac Davidi

The Davidi Company

Broker

$25.1M

vol

7 deals

Broker
PB
Power BrokersBrokerage

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

4.74%

Cash-on-Cash

-1.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93