Zaven & Vehanoosh Grigorian Purchase San Fernando Valley Multifamily For $1.95M
6929 Ben Avenue, North Hollywood, CA, USA
$1,950,000
$376/SF
Building Size
5,180 SF
Asset Type
MultiFamily
Closing
Jun 13, 2019
AI
This multi-family property located at 6929 Ben Ave in San Fernando Valley was recently sold for a price of $1,950,000. With a total square footage of 5,180, the price per square foot comes out to be $376.45. This sale represents the highest price per square foot sale of all multi-family properties in the 91605 zip code.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,950,000
- Address: 6929 Ben Ave
- Market: San Fernando Valley
The buyers of this property are Zaven & Vehanoosh Grigorian. The transaction was facilitated by broker Casey Picard of AI Partners.
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
8.13%
Cash-on-Cash
-2.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93