5131 Bakman Ave Multifamily Sold In North Hollywood For $3.2M With Buyer's Rep Rick Ramirez & Luc Hawkshaw And Seller's Rep Sev Amranyan, Cindy Hill & David Leibowitz
5131 Bakman Avenue, North Hollywood, CA 91601, USA
$3,195,000
$421/SF
Building Size
7,586 SF
Asset Type
MultiFamily
Closing
Aug 17, 2020
AI
A multifamily property located at 5131 Bakman Ave. in North Hollywood has been sold for a price of $3,195,000. The property consists of 12 units with an average price per unit of $266,250. Spanning across 7,586 square feet, the property has a price per square foot of $421.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,195,000
- Address: 5131 Bakman Ave.
- Market: North Hollywood
The buyer's representatives in this transaction were Rick Ramirez and Luc Hawkshaw. On the other hand, the seller was represented by Sev Amranyan, Cindy Hill, and David Leibowitz.
Players
Los Angeles MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93