Dan Daftari Acquires North Hollywood Multifamily From Bruce Abbott For $2.3M

A multifamily property located at 5533 Bonner Ave in North Hollywood has been sold. The sale took place on July 23, 2021. The property consists of 9 units and has a total square footage of 6,066. The sale price for this transaction was $2,300,000, resulting in a price per unit of $255,556. The price per square foot is $379, and the capitalization rate is 5.22%.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,300,000
• Units: 9
• Price per Unit: $255,556
• Square Footage: 6,066
• Price per Square Foot: $379
• Capitalization Rate: 5.22%

Dan Daftari purchased the property from Bruce Abbott. Zac Freehling and David Regalado represented both parties as brokers in this transaction.