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5122 Cahuenga Boulevard

Updated Sep 9, 2024

Bilt advertisement
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

About this deal

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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Deal FAQ

About $451 per square foot on a published $2.8M for 6,179 square feet (2022).

Visit Elizabeth Maddox to view all their deals.

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

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