Zaim Khayat Purchases Multifamily Asset From Ludmila Gierowitz In North Hollywood For $2.45M
SOLD
$2,450,000
California
See Similar DealsMultiFamily9,748 SF
Sold 07/10/2025
SOLD
Zaim Khayat Purchases Multifamily Asset From Ludmila Gierowitz In North Hollywood For $2.45M
5621 Klump Avenue
See Similar DealsMultiFamily9,748 SF
Sold 07/10/2025
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$251
Total Square Footage:9,748 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$130,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,704.33
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,614.25
Annual Debt Service$139,371.00
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