1333 N Las Palmas Multifamily Sells For $3.96M To 1333 Las Palmas Ave With Broker David Leibowitz
1333 North Las Palmas Avenue, Los Angeles, CA, USA
$3,965,000
$374/SF
Building Size
10,591 SF
Asset Type
MultiFamily
Closing
Jan 12, 2021
AI
The multifamily property located at 1333 N Las Palmas in Hollywood has been successfully sold. The sale, facilitated by broker David Leibowitz, took place on January 13, 2021. The property was purchased by 1333 Las Palmas Ave from The Terrance R Anderson Living Trust.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,965,000
- Address: 1333 N Las Palmas, Hollywood
- Square Footage: 10,591
- Market: Hollywood
The multifamily property consists of 17 units, with a per unit price of $233,235. The total square footage of the property is 10,591, resulting in a price per square foot of $374.
Players
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
4.00%
Cash-on-Cash
-1.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93