facebook
Traded Co logo
Submit

Avi Stein Acquires Multifamily Property In North Hollywood For $3.26M

Property Image
SOLD
$3,264,000

California

See Similar Deals
MultiFamily15,067 SF
Sold 03/01/2024
the dealplayerscompscontact
Property Image
SOLD

Avi Stein Acquires Multifamily Property In North Hollywood For $3.26M

13135 Vanowen Street

See Similar Deals
MultiFamily15,067 SF
Sold 03/01/2024
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$216
Total Square Footage:15,067 SF
Transaction Type:Sale

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

Ariel Sayani
25 deals$69.5M volume(310) 968-7711
BROKER

Navid Toomarian
Partners CRE
3 deals$7.4M volume
BROKER

Jordan Petito
Partners CRE
5 deals$12M volume(310) 734-2245
BROKER

Details

SOLD
IMAGE: Ariel Sayani, Jordan Petito & Navid Toomarian DATE: 03/01/2024 ADDRESS: 13135 Vanowen Street MARKET: North Hollywood ASSET TYPE: Multifamily BUYER: Avi Stein SELLER: Frank Reller BROKERS: Ariel Sayani (@ArielSayani), Jordan Petito (@JordanPetito) & Navid Toomarian (@NavidToomarian) - Partners CRE (@Partners.CRE) SALE PRICE: $3,264,000 UNITS: 14 ~ PPU: $233,143 SF: 15,067 ~ PPSF: $217

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

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
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$174,079.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$11,596.31
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,473.03
Annual Debt Service$185,676.30