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1332 North Vista Street, Ce...

Dana Brody Of Hollywood Sells Multifamily Property On N. Vista Street For $5.375M
SOLDMultiFamily

Dana Brody Of Hollywood Sells Multifamily Property On N. Vista Street For $5.375M

1332 North Vista Street, Central LA, Los Angeles, CA, USA

$5,375,000

$288/SF

Building Size

18,612 SF

Asset Type

MultiFamily

Closing

Nov 21, 2019

AI

The multifamily property located at 1332 N. Vista Street in Hollywood has been sold in an off-market transaction, as confirmed by real estate agent Dana Brody. The sale price was $5,375,000, with the buyer assuming responsibility for seismic retrofit cost and commissions. With a total area of 18,612 square feet, the property comprises 18 units, resulting in a price per square foot of $288.79. The per unit price comes to $298,611.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $5,375,000
  • Address: 1332 N. Vista Street
  • Market: Hollywood

Dana Brody, a representative from an undisclosed agency, facilitated the transaction for this multifamily property deal in Hollywood.

Players

Dana Brody

Marcus & Millichap

Broker

$105.4M

vol

11 deals

Broker

Los Angeles 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

2.95%

Cash-on-Cash

-0.84%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93