Zaim Khayat Purchases Multifamily Asset From Ludmila Gierowitz In North Hollywood For $2.45M
5621 Klump Avenue
$2,450,000
$251/SF
Building Size
9,748 SF
Asset Type
MultiFamily
Closing
Jul 10, 2025
AI
The property asset involved in this transaction is a multifamily asset located at 5621 Klump Avenue in North Hollywood. This sale was completed for a price of $2,450,000, which encompasses 8 units across a total square footage of 9,748. The price per unit stands at $306,250 and the price per square foot is $251.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,450,000
- Address: 5621 Klump Avenue
- Market: North Hollywood
- Units: 8
- Price Per Unit: $306,250
- Square Footage: 9,748
- Price Per Square Foot: $251
- Buyer: Zaim Khayat
- Seller: Ludmila Gierowitz
- Broker: Brandon Evans - Lyon Stahl Investment Real Estate
This transaction involved key individuals including buyer Zaim Khayat and seller Ludmila Gierowitz, with Brandon Evans representing the broker side of the deal through Lyon Stahl Investment Real Estate.
Players
North Hollywood 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
6.47%
Cash-on-Cash
-1.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93