Joseph M. Simantoub Acquires Multifamily Property On N. Citrus Ave, Hollywood For $2.05M
SOLD
$2,050,000
+ 1
California
See Similar DealsMultiFamily5,918 SF
Sold 02/09/2022
SOLD
Joseph M. Simantoub Acquires Multifamily Property On N. Citrus Ave, Hollywood For $2.05M
1312 North Citrus Avenue, Los Angeles, California 90028, United States
See Similar DealsMultiFamily5,918 SF
Sold 02/09/2022
+ 1
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$346
Total Square Footage:5,918 SF
Transaction Type:Sale
The multifamily property located at 1312 N. Citrus Ave. in Hollywood has been sold for a price of $2,050,000. The property consists of 8 units with a total square footage of 5,918. The price per unit is $256,250 and the price per square foot is $346. The transaction took place on 02/09/2022.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,050,000
- Address: 1312 N. Citrus Ave., Hollywood
- Units: 8
- Price per Unit: $256,250
- Square Footage: 5,918
- Price per Square Foot: $346
The buyer of the property is Joseph M. Simantoub, while the seller is Carole Keligian. Ariel Sayani and Ardy Ishal from BRC Advisors represented the buyer, and Neema Ahadian from Marcus & Millichap represented the seller in this transaction.
Players
BROKERAGE
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$109,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,283.23
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,718.05
Annual Debt Service$116,616.55
Is there something missing? Send suggestions