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532 North Berendo Street

Abe Hanif Acquires Multifamily Property From Fred Bark For $1,300,000 In Los Angeles
SOLDMultiFamily

Abe Hanif Acquires Multifamily Property From Fred Bark For $1,300,000 In Los Angeles

532 North Berendo Street

$1,300,000

$379/SF

Building Size

3,428 SF

Asset Type

MultiFamily

Closing

Jul 10, 2026

AI

This multifamily property is located at 532 North Berendo Street in Los Angeles. The sale price of the asset was $1,300,000, and it comprises 4 units. The total square footage of the property is 3,428, resulting in a price per unit of $325,000 and a price per square foot of $379.

Summary of transaction details:

Abe Hanif was the buyer in this transaction while Fred Bark acted as the seller. Yigal Fatirian represented the seller through Lyon Stahl Investment Real Estate, facilitating the deal within the Los Angeles market.

Players

Yigal Fatirian

Lyon Stahl Investment Real Estate

Broker

$14.1M

vol

5 deals

Broker

Los Angeles 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

12.20%

Cash-on-Cash

-3.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93