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12211 Vanowen Street, North...

Updated Oct 29, 2024

Elit Management Inc. Acquires North Hollywood Multi Family For $4.65M
SOLDMultiFamily

Elit Management Inc. Acquires North Hollywood Multi Family For $4.65M

12211 Vanowen Street, North Hollywood, CA 91605, USA

$4,650,000

$267/SF

Building Size

17,394 SF

Asset Type

MultiFamily

Closing

Oct 4, 2018

About this deal

AI

A multi-family property located at 12211 Vanowen Street in North Hollywood, CA 91605 has been sold for $4,650,000. The property spans a total area of 17,394 square feet.

Summary of transaction details:

  • Property Type: Multi Family
  • Transaction Amount: $4,650,000
  • Date: 10/05/2018
  • Address: 12211 Vanowen Street, North Hollywood, CA 91605
  • Market: North Hollywood, CA

The seller of the property was LDMR Enterprises, LLC, represented by Mr. Friedman. The buyer was Elit Management Inc., represented by Mr. Eilat. The brokers involved in the transaction were Jared Levine and Hirsch Sherman.

Players

Jared Levine

Broker

$100.5M

vol

22 deals

Broker

North Hollywood MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $267 per square foot on a published $4.7M for 17,394 square feet (2018).

Visit Jared Levine to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.41%

Cash-on-Cash

-0.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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