Updated Sep 14, 2026
Kris Hairabedian Of Hairabedian Trust Purchases Multifamily Asset From Hope Deb For $3.1M
2250 North Fairview Street
$3,100,000
$529/SF
Building Size
5,854 SF
Asset Type
MultiFamily
Closing
Sep 4, 2026
About this deal
AI
The property asset involved in this transaction is located at 2250 North Fairview Street in the Burbank market. This multifamily asset has a sale price of $3,100,000 and comprises 9 units, amounting to a price per unit of $344,444. The total square footage of the asset is 5,854, translating to a price per square foot of $529.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,100,000
- Address: 2250 North Fairview Street
- Market: Burbank
- Units: 9
- Price Per Unit: $344,444
- Square Footage: 5,854
- Price Per Square Foot: $529
- Buyer: Kris Hairabedian - Hairabedian Trust
- Seller: Hope Deb - Hope Fairview
- Broker: Raffi Soualian - JohnHart Real Estate
Kris Hairabedian represents the buyer in this transaction, while Hope Deb represents the seller. The deal showcases the involvement of Raffi Soualian as the broker facilitating the transaction through JohnHart Real Estate.
On the Map
$3,100,000
$529/SF
MultiFamily
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Players
Burbank 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
5.12%
Cash-on-Cash
-1.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93