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1827 Wilcox Avenue, Los Ang...

Pacific Partners Los Angeles Sells Multifamily Property On Wilcox Avenue In Hollywood For $6.7M
SOLDMultiFamily

Pacific Partners Los Angeles Sells Multifamily Property On Wilcox Avenue In Hollywood For $6.7M

1827 Wilcox Avenue, Los Angeles, CA 90028

$6,700,000

$520/SF

Building Size

12,880 SF

Asset Type

MultiFamily

Closing

Dec 7, 2021

AI

The multifamily property located at 1827 Wilcox Ave in Hollywood, Los Angeles has been sold for $6,700,000. The property spans 12,880 square feet with a price per square foot of $520.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $6,700,000
  • Address: 1827 Wilcox Ave
  • Market: Hollywood, Los Angeles

The sellers, Dana Delgizzi and Linda Delgizzi, enlisted the services of Zac Freehling, Jason Shenitzer, Tyler Farrar, and Jason Tuvia from Pacific Partners Los Angeles as their brokers for the transaction.

Players

Jason Tuvia

Marcus & Millichap

Broker

$127.3M

vol

42 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

2.37%

Cash-on-Cash

-0.68%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93