Avi Stein Acquires Multifamily Property In North Hollywood For $3.26M
13135 Vanowen Street
$3,264,000
$216/SF
Building Size
15,067 SF
Asset Type
MultiFamily
Closing
Mar 1, 2024
AI
The multifamily property located at 13135 Vanowen Street in North Hollywood was successfully sold for $3,264,000. This property consists of 14 units with a price per unit of $233,143 and spans across 15,067 square feet, resulting in a price per square foot of $217.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $3,264,000
- Units: 14
- Price Per Unit: $233,143
- Square Footage: 15,067
- Price Per Square Foot: $217
- Address: 13135 Vanowen Street
- Market: North Hollywood
The sale of this property was facilitated by Ariel Sayani, Jordan Petito, and Navid Toomarian from Partners CRE, who represented the buyer and seller in this successful 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
4.86%
Cash-on-Cash
-1.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93