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6302 Beck Avenue

SOLDMultiFamily

Matthews Real Estate Investment Services Facilitates $5.82M Multifamily Sale In North Hollywood

6302 Beck Avenue

$5,825,000

$361/SF

Building Size

16,126 SF

Asset Type

MultiFamily

Closing

Jan 10, 2023

AI

The multifamily property located at 6302 Beck Avenue in North Hollywood has been sold in a transaction for $5,825,000. The property consists of 12 units, with each unit having a price per unit of $485,417. The total square footage of the property is 16,126, resulting in a price per square foot of $361.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $5,825,000
  • Units: 12
  • Price per Unit: $485,417
  • Square Footage: 16,126
  • Price per Square Foot: $361

The buyer of the property is Daniel Dunkelman, while Alfons Ibrahim is the seller. The deal was facilitated by Daniel (Dan) Withers and John Boyett from Matthews Real Estate Investment Services. They represented their respective clients in the transaction.

Players

Daniel Withers

Matthews

Broker

$211.8M

vol

34 deals

Broker

Daniel Dunkelman

Buyer

$31.2M

vol

4 deals

Buyer

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

2.72%

Cash-on-Cash

-0.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93