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1550 North Fuller Avenue, C...

Updated Dec 20, 2023

Sam Liberow's Multifamily Property In Hollywood Sells For $12.05M
SOLDMultiFamily

Sam Liberow's Multifamily Property In Hollywood Sells For $12.05M

1550 North Fuller Avenue, Central LA, Los Angeles, CA, USA

$12,050,000

$467/SF

Building Size

25,782 SF

Asset Type

MultiFamily

Closing

Apr 29, 2021

About this deal

AI

The multifamily property located at 1550-1556 North Fuller Avenue in Hollywood has been sold. The transaction took place on April 30, 2021, with a sale price of $12,050,000. The property consists of 30 units with an average price per unit of $401,667. It spans across 25,782 square feet, resulting in a price per square foot of $467.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $12,050,000
  • Units: 30
  • Average Price per Unit: $401,667
  • Square Footage: 25,782
  • Price per Square Foot: $467

The transaction was facilitated by Sam Liberow from The Liberow Group. Sam Liberow represented the involved parties as the broker in this deal.

Players

Sam Liberow

Marcus & Millichap

Broker

$775.3M

vol

108 deals

Broker

Los Angeles MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $467 per square foot on a published $12.1M for 25,782 square feet (2021).

Visit Sam Liberow to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.32%

Cash-on-Cash

-0.38%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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