Brian Haloossim Acquires Multifamily Property At 8812 Rangely Avenue From Amanda Zarabi & Daniel Ghalchi For $2.825M
SOLD
$2,825,000
California
See Similar DealsMultiFamily4,334 SF
Sold 04/10/2025
SOLD
Brian Haloossim Acquires Multifamily Property At 8812 Rangely Avenue From Amanda Zarabi & Daniel Ghalchi For $2.825M
8812 Rangely Avenue
See Similar DealsMultiFamily4,334 SF
Sold 04/10/2025
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$651
Total Square Footage:4,334 SF
Transaction Type:Sale
The asset involved in this transaction is a multifamily property located at 8812 Rangely Avenue in the West Hollywood market. The sale price for this property was $2,825,000, and it comprises 4 units across a total square footage of 4,334. The price per unit is $706,250, while the price per square foot stands at $651.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,825,000
- Buyer: Brian Haloossim
- Seller: Amanda Zarabi & Daniel Ghalchi
- Units: 4
- Square Feet: 4,334
- Price Per Unit: $706,250
- Price Per Square Foot: $651
- Date of Sale: 04/10/2025
- Brokers: Zac Freehling & Tyler Farrar - Pacific Partners Real Estate Investments
Key individuals in this transaction include the buyer, Brian Haloossim, and the sellers, Amanda Zarabi and Daniel Ghalchi. The deal was facilitated by brokers Zac Freehling and Tyler Farrar, representing Pacific Partners Real Estate Investments in the transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$150,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$10,036.62
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,391.94
Annual Debt Service$160,703.29
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