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6133 Eleanor Avenue, Centra...

Updated Oct 29, 2024

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

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

Jason Tuvia

Marcus & Millichap

Broker

$127.3M

vol

42 deals

Broker
BP
Bold PartnersBuyer

Los Angeles MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $343 per square foot on a published $1.9M for 5,528 square feet (2019).

Visit Jason Tuvia to view all their deals.

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

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