Updated Sep 23, 2025
Nabil Karabetian Purchases Glendale Multifamily From Farhat M. Eid & Georgia Eid For $1.8M
548 Harvard Street
$1,800,000
$464/SF
Building Size
3,873 SF
Asset Type
MultiFamily
Closing
Aug 28, 2025
About this deal
AI
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.
On the Map
$1,800,000
$464/SF
MultiFamily
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Players
Glendale 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
8.81%
Cash-on-Cash
-2.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93