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2846 Fillmore Street

Alexander Pinto Purchases Multifamily Asset From Ralph Puig In Hollywood For $3.45M
SOLDMultiFamily

Alexander Pinto Purchases Multifamily Asset From Ralph Puig In Hollywood For $3.45M

2846 Fillmore Street

$3,450,000

$281/SF

Building Size

12,279 SF

Asset Type

MultiFamily

Closing

Aug 8, 2024

AI

The asset involved in this transaction is a multifamily property located at 2846 Fillmore Street in the Hollywood market. The sale price of the property was $3,450,000, and it encompasses 19 units. The total square footage of the asset is 12,279, resulting in a price per unit of $181,578 and a price per square foot of $280.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,450,000
  • Units: 19
  • Square Footage: 12,279
  • Price Per Unit: $181,578
  • Price Per Square Foot: $280
  • Buyer: Alexander Pinto
  • Seller: Ralph Puig
  • Broker Representatives: Ryan Wold, Dan Dratch & Ethan Krauss - Franklin Street
  • Sale Date: 08/07/2024

Key individuals involved in this transaction include the buyer, Alexander Pinto, and the seller, Ralph Puig. The brokerage team representing this deal consists of Ryan Wold, Dan Dratch, and Ethan Krauss from Franklin Street.

Players

Dan Dratch

Franklin Street

Broker

$267.8M

vol

48 deals

Broker

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

4.60%

Cash-on-Cash

-1.31%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93