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
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