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11617 Moorpark St

Faramarz Lahijani Purchases MultiFamily Property From Pamela And Eric McLeod For $1.16M
SOLDMultiFamily

Faramarz Lahijani Purchases MultiFamily Property From Pamela And Eric McLeod For $1.16M

11617 Moorpark St

$1,159,774

Building Size

Asset Type

MultiFamily

Closing

Aug 28, 2024

AI

The property asset involved in this transaction is a MultiFamily unit located at 11617 Moorpark St, Studio City. The sale price for this asset was $1,159,774.00.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $1,159,774.00
  • Address: 11617 Moorpark St
  • Market: Studio City
  • Buyer: Faramarz Lahijani
  • Seller: Pamela McLeod and Eric McLeod
  • Broker: Reza Ghobadi (Colliers)

The transaction was brokered by Reza Ghobadi from Colliers, representing the deal between the buyer, Faramarz Lahijani, and the sellers, Pamela McLeod and Eric McLeod.

Players

Reza Ghobadi

Colliers

Broker

$277.6M

vol

37 deals

Broker

Faramarz Lahijani

Buyer

$4.2M

vol

3 deals

Buyer

Pamela McLeod

Seller

$4.2M

vol

3 deals

Seller

Studio City 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

13.68%

Cash-on-Cash

-3.91%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93