Updated Dec 21, 2023
Yaron Shweger Acquires Office Building In North Hollywood For $2M
11328 Magnolia Boulevard, North Hollywood, CA 91601, USA
$2,000,000
$547/SF
Building Size
3,654 SF
Asset Type
Office
Closing
Nov 8, 2020
About this deal
AI
An office property located at 11328 Magnolia Blvd in North Hollywood has been sold for a price of $2,000,000. The property spans 3,654 square feet, resulting in a price per square foot of $547. The sale took place on November 9, 2020.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $2,000,000
- Address: 11328 Magnolia Blvd, North Hollywood
- Market: North Hollywood
The buyer in this transaction was Yaron Shweger, while the seller was Paloma Belson. The deal involved the representation of brokers Daniel Hirth, Ethan Donel, and Alex Reyhan from Hirth Group.
Players
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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