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15242 Gresham St North Hill...

Albert Gadolian Acquires Multifamily Property In North Hills For $1.1M
SOLDMultiFamily

Albert Gadolian Acquires Multifamily Property In North Hills For $1.1M

15242 Gresham St North Hills, CA 91343, USA

$1,100,000

$328/SF

Building Size

3,348 SF

Asset Type

MultiFamily

Closing

Sep 1, 2023

AI

The property at 15242 Gresham Street in North Hills has been sold in a transaction. The property is a MultiFamily asset with a total of 4 units. The sale price for the property was $1,100,000, resulting in a per unit price of $275,000. The total square footage of the property is 3,348, with a price per square foot of $329.

Summary of transaction details

  • Property Type: MultiFamily
  • Transaction Amount: $1,100,000
  • Units: 4
  • Price per Unit: $275,000
  • Total Square Footage: 3,348
  • Price per Square Foot: $329

Rick Ramirez and Chris Kim from Ally Commercial Real Estate represented the buyer, Albert Gadolian, in the transaction. Johnny Cruz, also from Ally Commercial Real Estate, represented the seller, Jose Topete.

Players

Rick Ramirez

Ally Commercial Real Estate

Broker

$82.9M

vol

22 deals

Broker

Market 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

14.42%

Cash-on-Cash

-4.12%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93