Updated Aug 27, 2026
Pedram Eliasnik & Ashlee Eliasnik Buy Multifamily Asset From James P. McKenna For $6.85M
7635 Lankershim Boulevard
$6,850,000
$294/SF
Building Size
23,236 SF
Asset Type
MultiFamily
Closing
Aug 21, 2026
About this deal
AI
The property asset involved in this transaction is a multifamily building located at 7635 Lankershim Boulevard in North Hollywood. The sale price for the asset was $6,850,000, with a total of 36 units. The square footage of the property is 23,236, resulting in a price per unit of $190,277 and a price per square foot of $294.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $6,850,000
- Address: 7635 Lankershim Boulevard
- Market: North Hollywood
- Units: 36
- Square Footage: 23,236
- Price Per Unit: $190,277
- Price Per Square Foot: $294
- Buyer: Pedram Eliasnik & Ashlee Eliasnik
- Seller: James P. McKenna
- Buyer's Representative: Saman Alishahi - KW Commercial
- Seller's Representative: Daniel Withers - Matthews
The transaction was facilitated by the representatives of both the buyer and the seller. Saman Alishahi represented the buyers, Pedram Eliasnik and Ashlee Eliasnik, while Daniel Withers represented the seller, James P. McKenna, in this multifamily property sale.
Players
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
2.32%
Cash-on-Cash
-0.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93