Updated Dec 21, 2023
Jasmine Hak Acquires 9-Unit Multifamily Property In North Hollywood For $3.6M
5529 Fulcher Avenue, North Hollywood, CA 91601
$3,605,000
$444/SF
Building Size
8,107 SF
Asset Type
MultiFamily
Closing
Oct 21, 2021
About this deal
AI
An off-market multifamily property located at 5529 Fulcher Ave in North Hollywood has been sold for $3,605,000. The property consists of 9 units with a price per unit of $400,555. It has a total square footage of 8,107, resulting in a price per square foot of $444.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,605,000
- Units: 9
- Price per Unit: $400,555
- Square Footage: 8,107
- Price per Square Foot: $444
In this deal, the buyer of the property is Jasmine Hak, while Armen Nal is the seller. Alen Zaman from Californian Estates represented both parties as the broker in this transaction.
On the Map
$3,605,000
$444/SF
MultiFamily
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.40%
Cash-on-Cash
-1.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93