Jeff Harris Acquires 13-Unit Multifamily In North Hollywood For $3.6M
11468 Camarillo Street
$3,600,000
$264/SF
Building Size
13,616 SF
Asset Type
MultiFamily
Closing
Dec 19, 2023
AI
The multifamily property located at 11468 Camarillo Street in North Hollywood has been sold in a recent transaction. The property consists of 13 units, with a total square footage of 13,616. The sale price for this transaction was $3,600,000, which translates to approximately $264 per square foot. The buyer, Jeff Harris, acquired the property from the seller, Wendy Widell.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,600,000
- Address: 11468 Camarillo Street, North Hollywood
- Market: North Hollywood
- Units: 13
- Price per Unit: $276,923
- Square Footage: 13,616
- Price per Square Foot: $264
Alex Galuz from Keller Williams represented Jeff Harris as the buyer's broker in this transaction.
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
4.41%
Cash-on-Cash
-1.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93