Sussex Capital Group Sells Multifamily Property On N. Cahuenga Blvd. In Hollywood For $13.5M
SOLD
$13,475,000
California
See Similar DealsMultiFamily26,715 SF
Sold 05/27/2022
SOLD
Sussex Capital Group Sells Multifamily Property On N. Cahuenga Blvd. In Hollywood For $13.5M
2330 North Cahuenga Boulevard, Los Angeles, California 90068, United States
See Similar DealsMultiFamily26,715 SF
Sold 05/27/2022
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$504
Total Square Footage:26,715 SF
Transaction Type:Sale
The multifamily property located at 2330 N. Cahuenga Blvd. in Hollywood has been sold for $13,475,000. The sale, facilitated by Hooman Emanuel of Emanuel Real Estate Group from Keller Williams Studio City, involved a total of 30 units, resulting in a price per unit of $449,166. The property spans over 26,715 square feet, with a price per square foot of $504.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $13,475,000
- Address: 2330 N. Cahuenga Blvd.
- Market: Hollywood
- Seller: Sussex Capital Group
- Broker: Hooman Emanuel - Keller Williams Studio City
- Units: 30
- Price per Unit: $449,166
- Square Footage: 26,715
- Price per Square Foot: $504
Hooman Emanuel, representing Emanuel Real Estate Group from Keller Williams Studio City, played a crucial role in the successful sale of the multifamily property. Sussex Capital Group served as the seller in this transaction.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$718,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$47,873.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$63,878.37
Annual Debt Service$766,540.50
Is there something missing? Send suggestions