Clyde Isaacson Acquires Multifamily Property In North Hollywood For $8.1M
11752 Saticoy Street, North Hollywood, CA 91605, USA
$8,100,000
$360/SF
Building Size
22,462 SF
Asset Type
MultiFamily
Closing
Jan 8, 2019
AI
11752 Saticoy Street in North Hollywood recently sold in a closed transaction. The multifamily property was purchased by Clyde Isaacson for a price of $8,100,000. The property spans 22,462 square feet, resulting in a price per square foot of $360. The transaction took place on 01/09/2019.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $8,100,000
- Address: 11752 Saticoy Street
- Market: North Hollywood
Clyde Isaacson acted as both the buyer and broker in this deal. The seller was Saticoy Apartments Inc.
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
1.96%
Cash-on-Cash
-0.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93