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
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