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
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