facebook
Traded Co logo
Submit

Bold Partners Acquires Hollywood Multifamily Property On Eleanor Avenue For $1.9M

Property Image
SOLD
$1,900,000

California

See Similar Deals
MultiFamily5,528 SF
Sold 08/29/2019
the dealplayerscompscontact
Property Image
SOLD

Bold Partners Acquires Hollywood Multifamily Property On Eleanor Avenue For $1.9M

6133 Eleanor Avenue, Central LA, Los Angeles, CA, USA

See Similar Deals
MultiFamily5,528 SF
Sold 08/29/2019
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$343
Total Square Footage:5,528 SF
Transaction Type:Sale

The multifamily property located at 6133 Eleanor Avenue in Hollywood was recently sold for $1,900,000. The transaction, which took place on August 29, 2019, involved a total square footage of 5,528 and a price per square foot of $343.70. The buyer, Bold Partners, acquired the property from the seller, The Jed Rigonan Trust. Jason Tuvia, representing the buyer, facilitated the deal as the broker.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,900,000
  • Address: 6133 Eleanor Avenue
  • Market: Hollywood
  • Square Footage: 5,528
  • Price per Square Foot: $343.70
  • Buyer: Bold Partners
  • Seller: The Jed Rigonan Trust
  • Broker: Jason Tuvia

The sale of this multifamily property in Hollywood represents a significant transaction in the real estate market. The involvement of Bold Partners as the buyer and The Jed Rigonan Trust as the seller highlights the strategic decision-making and negotiation skills of both parties. The expertise and guidance provided by Jason Tuvia, acting as the broker for Bold Partners, played a crucial role in facilitating the successful completion of the deal.

Players

Jason Tuvia
42 deals$127.3M volume(818) 212-2735
BROKER

BUYER

Details

SOLD
IMAGE: Jason Tuvia DATE: 8/29/19 ADDRESS: 6133 Eleanor Avenue MARKET: Hollywood ASSET TYPE: Multifamily PRICE: $1,900,000 SF: 5,528 PPSF: $343.70 BUYER: Bold Partners SELLER: The Jed Rigonan Trust BROKER: Jason Tuvia

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$101,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,750.31
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,006.97
Annual Debt Service$108,083.63