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Nabil Karabetian Purchases Glendale Multifamily From Farhat M. Eid & Georgia Eid For $1.8M

Property Image
SOLD
$1,800,000

California

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MultiFamily3,873 SF
Sold 08/28/2025
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Property Image
SOLD

Nabil Karabetian Purchases Glendale Multifamily From Farhat M. Eid & Georgia Eid For $1.8M

548 Harvard Street

See Similar Deals
MultiFamily3,873 SF
Sold 08/28/2025
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$464
Total Square Footage:3,873 SF
Transaction Type:Sale

The property involved in this transaction is a multifamily asset located at 548 Harvard Street in Glendale. The sale price of the property was $1,800,000, comprising 6 units with a total square footage of 3,873. The price per unit is calculated at $300,000, while the price per square foot stands at $464.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,800,000
  • Units: 6
  • Square Footage: 3,873
  • Price Per Unit: $300,000
  • Price Per Square Foot: $464
  • Buyer: Nabil Karabetian
  • Seller: Farhat M. Eid & Georgia Eid
  • Broker: Daniel Withers - Matthews

The transaction involved Nabil Karabetian as the buyer of the property, with Farhat M. Eid and Georgia Eid acting as the sellers. The deal was facilitated by broker Daniel Withers, representing Matthews in this multifamily property sale.

Players

Daniel Withers
Matthews
Daniel Withers
32 deals$198.2M volume(310) 365-5054
BROKER
Matthews
Matthews
BROKERAGE

Details

SOLD
IMAGE: Daniel Withers DATE: 08/28/2025 ADDRESS: 548 Harvard Street MARKET: Glendale ASSET TYPE: Multifamily BUYER: Nabil Karabetian SELLER: Farhat M. Eid & Georgia Eid BROKER: Daniel Withers (@DWithers7) - Matthews (@Matthews_CRE) SALE PRICE: $1,800,000 UNITS: 6 ~ PPU: $300,000 SF: 3,873 ~ PPSF: $464

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$96,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,395.02
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,532.92
Annual Debt Service$102,395.02