The property asset involved in this transaction is a multifamily building located at 11616 Burbank Boulevard in North Hollywood. It has a total of 21 units, encompasses a total square footage of 30,817, and was built in 2018. The sale concluded at a price of $9,627,750, which translates to $458,464 per unit and $312 per square foot. The property has a capitalization rate of 5.36% and a gross rent multiplier of 12.45.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $9,627,750
• Units: 21
• PPU: $458,464
• SF: 30,817
• PPSF: $312
• CAP Rate: 5.36%
• GRM: 12.45
• Buyer: Larry Satcher
• Seller: Lior Mandelbaum
• Buyer's Representative: Casey Gordon - Rodeo Realty
• Seller's Representatives: Filip Niculete & Glen Scher - LAAA Team - Marcus & Millichap
• Total Closing Price Including Broker Commissions: $9,900,000

The deal involved key individuals including Casey Gordon, representing the buyer, and Filip Niculete and Glen Scher, representing the seller as part of the LAAA Team at Marcus & Millichap. The transaction saw the buyer covering the brokers' commissions in addition to the sale price, leading to a total closing price of $9,900,000.