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1856 Lincoln Street

Cristian Valdona Acquires Multifamily Asset At 1856 Lincoln Street From Andrew Shader For $1.925M
SOLDMultiFamily

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

Elior Levi

Fausto Commercial Realty Consultants

Broker

$100.9M

vol

38 deals

Broker
Fausto Commercial Realty Consultants
Fausto Commercial Realty ConsultantsBrokerage
Andrew Shader

Andrew Shader

Seller

$45.5M

vol

8 deals

Seller

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