facebook

traded

+ Submit
Home

/

Deals

/

California

/

Multifamily

/

Sale

/

520 North Hollywood Way

Alec Zehnaly Purchases Multifamily Asset From Deepak Mehta & Nataliya Mehta For $8.31M
SOLDMultiFamily

Alec Zehnaly Purchases Multifamily Asset From Deepak Mehta & Nataliya Mehta For $8.31M

520 North Hollywood Way

$8,315,000

$460/SF

Building Size

18,044 SF

Asset Type

MultiFamily

Closing

Jun 19, 2025

AI

The property involved in the transaction is a multifamily asset located at 520 North Hollywood Way in Burbank. The transaction was completed for a price of $8,315,000, encompassing a total square footage of 18,044, resulting in a price per square foot of $460.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $8,315,000
  • Address: 520 North Hollywood Way
  • Market: Burbank
  • Square Footage: 18,044
  • Price per Square Foot: $460
  • Buyer: Alec Zehnaly
  • Seller: Deepak Mehta & Nataliya Mehta
  • Broker: Greg Alexanian - Alexanian Apartment Advisors

Key individuals in the transaction include Alec Zehnaly as the buyer and Deepak Mehta & Nataliya Mehta as the sellers. The deal was facilitated by broker Greg Alexanian representing the sellers in this transaction.

Players

Greg Alexanian

Alexanian Apartment Advisors

Broker

$269.6M

vol

53 deals

Broker
Alexanian Apartment Advisors
Alexanian Apartment AdvisorsBrokerage

Nataliya Mehta

Seller

$180.9M

vol

11 deals

Seller

Burbank MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.91%

Cash-on-Cash

-0.55%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93