facebook

traded

+ Submit
Home

/

Deals

/

California

/

Multifamily

/

Sale

/

5420 Harold Way, Central LA...

Matthew Kanner Acquires Hollywood Multifamily At 5420 Harold Way For $5.95M
SOLDMultiFamily

Matthew Kanner Acquires Hollywood Multifamily At 5420 Harold Way For $5.95M

5420 Harold Way, Central LA, Los Angeles, CA, USA

$5,955,000

$3,523/SF

Building Size

1,690 SF

Asset Type

MultiFamily

Closing

Apr 4, 2021

AI

The multifamily property located at 5420 Harold Way in Hollywood has been sold for a total of $5,955,000. The transaction, which took place on April 5, 2021, was facilitated by broker Matthew Kanner from KW Commercial. The property consists of 11 units, with a price per unit of $541,000. It spans across 1,690 square feet, resulting in a price per square foot of $3,523.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $5,955,000
  • Date: April 5, 2021
  • Address: 5420 Harold Way, Hollywood
  • Broker: Matthew Kanner - KW Commercial
  • Units: 11
  • Price per Unit: $541,000
  • Square Footage: 1,690
  • Price per Square Foot: $3,523

This transaction showcases the successful collaboration between the buyer, seller, and their respective representatives. The purchase of this multifamily property in Hollywood represents a significant investment opportunity in a sought-after market. Matthew Kanner from KW Commercial played a crucial role in facilitating the deal and ensuring a smooth transaction for all parties involved.

Players

Matthew Kanner

Keller Williams Realty

Broker

$96.3M

vol

10 deals

Broker

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

2.66%

Cash-on-Cash

-0.76%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93