Updated Oct 29, 2024
Bold Partners Acquires Hollywood Multifamily Property On Eleanor Avenue For $1.9M
6133 Eleanor Avenue, Central LA, Los Angeles, CA, USA
$1,900,000
$343/SF
Building Size
5,528 SF
Asset Type
MultiFamily
Closing
Aug 28, 2019
About this deal
AI
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
Los Angeles MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Jason Tuvia to view all their deals.
Browse California multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.35%
Cash-on-Cash
-2.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93