Yehuda Rubin Acquires North Hollywood Multifamily On Cahuenga Boulevard
5122 Cahuenga Boulevard
$2,790,000
$451/SF
Building Size
6,179 SF
Asset Type
MultiFamily
Closing
Dec 21, 2022
AI
A multifamily property located at 5122 Cahuenga Boulevard in North Hollywood has recently been sold for $2,790,000. The property consists of 4 units, with each unit having a price per unit of $697,500. The total square footage of the property is 6,179, and the price per square foot is $452.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,790,000
- Units: 4
- Price per Unit: $697,500
- Square Footage: 6,179
- Price per Square Foot: $452
- Market: North Hollywood
The buyer of the property is Yehuda Rubin, while the sellers are Jason & Adam Schary. The transaction was facilitated by Elizabeth Maddox and Ian Maddox of The 2 to 4 Units brokerage.
Players
North Hollywood 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
5.69%
Cash-on-Cash
-1.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93