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11468 Camarillo Street

Jeff Harris Acquires 13-Unit Multifamily In North Hollywood For $3.6M
SOLDMultiFamily

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

Alex Galuz

Keller Williams Realty

Broker

$90.3M

vol

14 deals

Broker
Jeff Harris

Jeff Harris

Gelt Inc.

Buyer

$246.8M

vol

7 deals

Buyer

Wendy Widell

Seller

$4.9M

vol

2 deals

Seller

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