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6123 Eleanor Ave, Central L...

Myong Vaughan Acquires Multifamily Property In Hollywood From Jay Samit For $3.03M With Seller's Rep Matt Sillaman - LBPM
SOLDMultiFamily

Myong Vaughan Acquires Multifamily Property In Hollywood From Jay Samit For $3.03M With Seller's Rep Matt Sillaman - LBPM

6123 Eleanor Ave, Central LA, Los Angeles, CA, USA

$3,030,000

$483/SF

Building Size

6,262 SF

Asset Type

MultiFamily

Closing

Dec 7, 2021

AI

A multifamily property located at 6123 Eleanor Ave. in Hollywood has been sold. The property spans 6,262 square feet and was sold at a price of $3,030,000. The sale price equates to a price per square foot of $483. The transaction took place on 12/07/2021.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,030,000
  • Address: 6123 Eleanor Ave.
  • Market: Hollywood

The buyer of the property is Myong Vaughan, while the seller is Jay Samit. Steven Bae represented the buyer in the transaction, and Matt Sillaman from LBPM represented the seller.

Please note that no additional information is available at this time.

Players

Steven Bardsley

CBRE

Broker

$1.9B

vol

47 deals

Broker
EXP Realty
EXP RealtyBrokerage

Los Angeles 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

5.24%

Cash-on-Cash

-1.50%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93