facebook
Traded Co logo
Submit

Gregory Ellis Acquires Multifamily Property On N. Oxford Avenue In East Hollywood For $9.4M

Property Image
SOLD
$9,400,000
Tamas Batyi
Max Berger
Kenny Stevens

California

See Similar Deals
MultiFamily23,763 SF
Sold 10/08/2021
the dealplayerscompscontact
Property Image
SOLD

Gregory Ellis Acquires Multifamily Property On N. Oxford Avenue In East Hollywood For $9.4M

943 North Oxford Avenue, Los Angeles, CA, USA

See Similar Deals
MultiFamily23,763 SF
Sold 10/08/2021
Tamas Batyi
Max Berger
Kenny Stevens
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$395
Total Square Footage:23,763 SF
Transaction Type:Sale

Located in East Hollywood, the multifamily property at 943-947 N. Oxford Avenue has been sold in a closed transaction. The property comprises 11 units with a total square footage of 23,763. The sale price for this transaction was $9,400,000, resulting in a price per unit of $854,545 and a price per square foot of $395.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $9,400,000
  • Units: 11
  • Price Per Unit: $854,545
  • Square Footage: 23,763
  • Price Per Square Foot: $395

On the buy side of this transaction is Gregory Ellis. Tamas Batyi from Century 21 Union Realty represented the buyer as their broker. Bobbie Nguyen acted as the seller with Kenny Stevens and Max Berger, both from Compass, representing the seller.

Players

Max Berger
Compass
Max Berger
17 deals$85.8M volume(818) 321-4972
BROKER
Kenny Stevens
Compass
Kenny Stevens
20 deals$141.3M volume(310) 968-7005
BROKER
Tamas Batyi
Century 21
Tamas Batyi
1 deal$9.4M volume
BROKER

Details

SOLD
IMAGE: Max Berger, Kenny Stevens & Tamas Batyi DATE: 10/08/2021 ADDRESS: 943-947 N. Oxford Avenue MARKET: East Hollywood ASSET TYPE: Multifamily BUYER: Gregory Ellis SELLER: Bobbie Nguyen BUYER’S REP: Tamas Batyi (@Tamas_Batyi) - Century 21 Union Realty SELLER’S REP: Kenny Stevens (@KennyStevensTeam) & Max Berger (@BergerMax) - Compass (@Compass) SALE PRICE: $9,400,000 UNITS: 11 ~ PPU: $854,545 SF: 23,763 ~ PPSF: $395

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$501,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$33,396.23
Cash-on-Cash Return-1.27%
Monthly Debt Service$44,560.80
Annual Debt Service$534,729.55