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11218 Oxnard Street

Mike Yallo Purchases Multifamily Property From Rouben Assatourian In North Hollywood For $2M
SOLDMultiFamily

Mike Yallo Purchases Multifamily Property From Rouben Assatourian In North Hollywood For $2M

11218 Oxnard Street

$2,000,000

$481/SF

Building Size

4,152 SF

Asset Type

MultiFamily

Closing

Sep 10, 2025

AI

The property involved in this transaction is a multifamily asset located at 11218 Oxnard Street in North Hollywood. It features 6 units, with a total square footage of 4,152. The sale price of the property was $2,000,000, resulting in a price per unit of $333,333 and a price per square foot of $481.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,000,000
  • Units: 6
  • Square Footage: 4,152
  • Price Per Unit: $333,333
  • Price Per Square Foot: $481
  • Buyer: Mike Yallo
  • Seller: Rouben Assatourian
  • Brokers: Daniel Pirian & Derrick Vartanian - Lyon Stahl Investment Real Estate

This transaction was facilitated by brokers Daniel Pirian and Derrick Vartanian from Lyon Stahl Investment Real Estate, who represented the buyer, Mike Yallo, and the seller, Rouben Assatourian. Their involvement was crucial in finalizing the deal within the North Hollywood market.

Players

Derrick Vartanian

Lyon Stahl Investment Real Estate

Broker

$12.2M

vol

3 deals

Broker

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

7.93%

Cash-on-Cash

-2.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93