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5122 Cahuenga Boulevard

Yehuda Rubin Acquires North Hollywood Multifamily On Cahuenga Boulevard
SOLDMultiFamily

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

Elizabeth Maddox

The 2-4 Unit Specialists

Broker

$80.4M

vol

26 deals

Broker

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