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1800 North Kingsley Drive, ...

Updated Oct 29, 2024

$4.14M Hollywood Multifamily Sale By North Kingsley Drive Properties LLC
SOLDMultiFamily

$4.14M Hollywood Multifamily Sale By North Kingsley Drive Properties LLC

1800 North Kingsley Drive, Los Angeles, CA 90027, USA

$4,140,000

$535/SF

Building Size

7,738 SF

Asset Type

MultiFamily

Closing

Feb 14, 2019

About this deal

AI

A multifamily property located at 1800 N. Kingsley Dr. in Hollywood has been sold for $4,140,000. The property has a total square footage of 7,738 and a price per square foot of $535.02. It consists of 14 units, with a price per unit of $295,714.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $4,140,000
  • Square Footage: 7,738
  • Price per Square Foot: $535.02
  • Number of Units: 14
  • Price per Unit: $295,714

The sale was facilitated by Janet Neman and Angelica Gotzev from Kidder Matthews on behalf of the seller, North Kingsley Drive Properties LLC.

Players

Janet Neman

Kidder Mathews

Broker

$511.2M

vol

29 deals

Broker

Los Angeles MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $535 per square foot on a published $4.1M for 7,738 square feet (2019).

Visit Janet Neman to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.83%

Cash-on-Cash

-1.10%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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