Cristian Valdona Acquires Multifamily Asset At 1856 Lincoln Street From Andrew Shader For $1.925M
1856 Lincoln Street
$1,925,000
$321/SF
Building Size
5,996 SF
Asset Type
MultiFamily
Closing
Aug 12, 2025
AI
The asset involved in this transaction is a multifamily property located at 1856 Lincoln Street in the Hollywood market. The property was sold for a transaction amount of $1,925,000, consisting of 12 units and encompassing a total square footage of 5,996. The price per unit is $160,416, and the price per square foot is $321.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,925,000
- Units: 12
- Square Footage: 5,996
- Price Per Unit: $160,416
- Price Per Square Foot: $321
- Buyer: Cristian Valdona
- Seller: Andrew Shader
- Broker: Elior Levi - Fausto Commercial Realty Consultants
The individuals involved in this transaction include Cristian Valdona, who acted as the buyer, and Andrew Shader, who was the seller of the property. Elior Levi represented the buyer in this real estate deal through Fausto Commercial Realty Consultants, facilitating the transaction.
Players
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
8.24%
Cash-on-Cash
-2.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93