Zen Aly Purchases Multifamily Property From Deepak And Nataliya Mehta For $8.315M In Burbank
SOLD
$8,315,000
California
See Similar DealsMultiFamily18,044 SF
Sold 07/24/2025
SOLD
Zen Aly Purchases Multifamily Property From Deepak And Nataliya Mehta For $8.315M In Burbank
526 North Hollywood Way
See Similar DealsMultiFamily18,044 SF
Sold 07/24/2025
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$460
Total Square Footage:18,044 SF
Transaction Type:Sale
The asset involved in this transaction is a multifamily property located at 526 North Hollywood Way in the Burbank market. The sale price was $8,315,000 for a total of 20 units, equating to a price per unit of $415,750. The property spans a square footage of 18,044 with a price per square foot of $460.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $8,315,000
- Units: 20
- Price Per Unit: $415,750
- Square Footage: 18,044
- Price Per Square Foot: $460
- Buyer: Zen Aly
- Seller: Deepak Mehta & Nataliya Mehta
- Seller's Representative: Greg Alexanian - Alexanian Apartment Advisors
- Buyer's Representative: Andy Kawatra - Marcus & Millichap
The transaction involved Zen Aly as the buyer and Deepak Mehta & Nataliya Mehta as the sellers, with Greg Alexanian representing the sellers and Andy Kawatra representing the buyer. Note from broker: Matthew 6:33.
Players
BROKERAGE
BROKERAGE
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Top Markets for Multifamily Investment ReportFall 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$443,466.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$29,541.43
Cash-on-Cash Return-1.27%
Monthly Debt Service$39,417.34
Annual Debt Service$473,008.11
Is there something missing? Send suggestions