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3500 Polk Street

Updated Aug 25, 2026

Bilt advertisement
Pulso Capital Group Acquires Hollywood Multifamily Portfolio For $15.54M
SOLDMultiFamily

Pulso Capital Group Acquires Hollywood Multifamily Portfolio For $15.54M

3500 Polk Street

$15,540,000

Units

84

Asset Type

MultiFamily

Closing

Jun 7, 2024

About this deal

AI

Located in Hollywood at 3500 Polk Street, the multifamily property consisting of 84 units was successfully transacted. The asset was sold for the asking price of $15,540,000, with each unit priced at $185,000. The buyers Inbal Ruiz, Maor Benami, and Salomon Kamkhaji of Pulso Capital Group acquired the 84-unit portfolio comprising a total of 16 folios.

Summary of transaction details:

The deal was facilitated by a team of brokers from Marcus & Millichap, including Joseph Thomas, Alec Demetriou, AJ Stanford, Adam Marcuvitz, Oscar Banegas, and Aaron O’Connor. The successful transaction at 3500 Polk Street marks a significant investment in the Hollywood market, showcasing the expertise and collaboration among the involved parties.

Players

AJ Stanford

Marcus & Millichap

Broker

$103M

vol

11 deals

Broker
Maor Benami

Maor Benami

Pulso Capital

Buyer

$91M

vol

6 deals

Buyer

Hollywood MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $185K per unit across 84 units on a published $15.5M (2024).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.02%

Cash-on-Cash

-0.29%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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