Pacific Partners Los Angeles Sells Multifamily Property On Wilcox Avenue In Hollywood For $6.7M
SOLD
$6,700,000
+ 1
California
See Similar DealsMultiFamily12,880 SF
Sold 12/07/2021
SOLD
Pacific Partners Los Angeles Sells Multifamily Property On Wilcox Avenue In Hollywood For $6.7M
1827 Wilcox Avenue, Los Angeles, CA 90028
See Similar DealsMultiFamily12,880 SF
Sold 12/07/2021
+ 1
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$520
Total Square Footage:12,880 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$357,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$23,803.70
Cash-on-Cash Return-1.27%
Monthly Debt Service$31,761.42
Annual Debt Service$381,137.02
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