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Zach Abaro Acquires Multifamily Property On Belmont Street, Glendale For $2.36M

Property Image
SOLD
$2,365,000
Eric Chen
JG

California

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MultiFamily71,760 SF
Sold 08/27/2020
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Property Image
SOLD

Zach Abaro Acquires Multifamily Property On Belmont Street, Glendale For $2.36M

312 North Belmont Street

See Similar Deals
MultiFamily71,760 SF
Sold 08/27/2020
Eric Chen
JG
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$33
Total Square Footage:71,760 SF
Transaction Type:Sale

A multifamily property located at 312 N. Belmont Street in Glendale has recently been sold for a total price of $2,365,000. The property spans 7,176 square feet, resulting in a price per square foot of $329.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,365,000
  • Address: 312 N. Belmont Street
  • Market: Glendale

The seller of the property was Stanley Sirott, while the buyer was Zach Abaro. The sale was facilitated by brokers Eric C. Chen and Joyce Goldstein of CBRE.

Players

Eric Chen
CBRE
Eric Chen
108 deals$886.6M volume(626) 757-5717
BROKER
JG
CBRE
Joyce Goldstein
9 deals$147.6M volume(818) 502-6700
BROKER
T
Trust
SELLER

Details

SOLD
IMAGE: @Eric_C_Chen DATE: 08/28/2020 ADDRESS: 312 N. Belmont Street MARKET: Glendale ASSET TYPE: Multifamily PRICE: $2,365,000 SF: 7,176 PPSF: $329 SELLER: Stanley Sirott BUYER: Zach Abaro BROKERS: @Eric_C_Chen & Joyce Goldstein – CBRE

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Debt Service Coverage Ratio (DSCR)

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Cash Flow (Annual)-$8,402.36
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