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12828 Oxnard Street, North ...

Updated Dec 21, 2023

Filip Niculete, Glen Scher, And Arash Memary Broker Multi-Family Sale In North Hollywood For $2.975M
SOLDMultiFamily

Filip Niculete, Glen Scher, And Arash Memary Broker Multi-Family Sale In North Hollywood For $2.975M

12828 Oxnard Street, North Hollywood, CA 91606, USA

$2,975,000

$124/SF

Building Size

23,880 SF

Asset Type

MultiFamily

Closing

Aug 14, 2019

About this deal

AI

The multifamily property located at 12828 Oxnard St in North Hollywood has been sold. The property spans a total of 12,458 square feet, with each square foot priced at $238.80. The transaction took place on August 15, 2019, with a sale price of $2,975,000.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,975,000
  • Address: 12828 Oxnard St
  • Market: North Hollywood
  • Square Footage: 12,458
  • Price per Square Foot: $238.80

The sale was facilitated by Filip Niculete, Glen Scher, and Arash Memary, representing their agency. Filip Niculete, Arash Memary, and Glen Scher of LA Apartment Advisors were the brokers involved in the transaction.

On the Map

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$2,975,000

$124/SF

MultiFamily

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Players

Filip Niculete

Marcus & Millichap

Broker

$804.7M

vol

205 deals

Broker
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North Hollywood MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $124 per square foot on a published $3M for 23,880 square feet (2019).

Visit Glen Scher to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.33%

Cash-on-Cash

-1.52%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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