Updated Dec 4, 2024
Joe Myers & Lena Ghezel Of Compass Facilitate $2.65M Multifamily Sale In North Hollywood
5648 Auckland Avenue
$2,650,000
$423/SF
Building Size
6,251 SF
Asset Type
MultiFamily
Closing
Mar 15, 2024
About this deal
AI
The North Hollywood multifamily property at 5648 Auckland Avenue was sold for $2,650,000. Spanning 6,251 square feet, the property was sold at a price per square foot of $424.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,650,000
- Address: 5648 Auckland Avenue
- Market: North Hollywood
Brokers Joe Myers and Lena Ghezel from Compass were the facilitating agents for the sale of the North Hollywood multifamily property at 5648 Auckland Avenue.
The multifamily sale at 5648 Auckland Avenue in North Hollywood, California sold for $2.7M in 2024. The building is 6,251 square feet, implying about 423 per square foot on the published price. Lena Ghezel, Joe Myers, Compass appear on the sale alongside Compass. This page is the North Hollywood, California file for the 5648 Auckland Avenue multifamily sold: pricing, party profiles, and other closed multifamily comps from the same North Hollywood sit in the Market section below. Filter that North Hollywood multifamily set by closing date to see what else sold near 5648 Auckland Avenue around 2024. Published consideration for 5648 Auckland Avenue is $2.7M, dated 2024. Cite this Joe Myers & Lena Ghezel Of Compass Facilitate $2.65M Multifamily Sale In North Hollywood sale when underwriting similar multifamily product around North Hollywood, California.
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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
5.99%
Cash-on-Cash
-1.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93