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
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.
Players
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
5.33%
Cash-on-Cash
-1.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93