Updated Dec 21, 2023
Vinny Nazerian Sells Los Feliz Multifamily Property For $6.4M With Buyer's Rep Tim Lee & Seller's Rep Andy Hairabedian
1835 North Kenmore Avenue, Los Angeles, CA, USA
$6,400,000
$713/SF
Building Size
8,968 SF
Asset Type
MultiFamily
Closing
Feb 1, 2021
About this deal
AI
A multifamily property located at 1835 N. Kenmore Blvd in Los Feliz has been sold for a price of $6,400,000. The property spans a total of 8,968 square feet, resulting in a price per square foot of $713. The transaction took place on February 2, 2021.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $6,400,000
- Address: 1835 N. Kenmore Blvd
- Market: Los Feliz
Vinny Nazerian served as the seller of the property. The buyer was represented by Tim Lee, and Andy Hairabedian and TheAgencyRE acted as the seller's representatives in the deal.
Players
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
2.48%
Cash-on-Cash
-0.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93