Lorena Gonzalez Acquires Multifamily Asset In Hollywood From Tal Urbach For $4.36M
1400 North 17th Avenue
$4,362,500
$301/SF
Building Size
14,472 SF
Asset Type
MultiFamily
Closing
May 20, 2026
AI
The transaction involves a multifamily asset located at 1400 North 17th Avenue in Hollywood. This property was sold for $4,362,500, comprising 22 units with a total square footage of 14,472. The price per unit stands at $198,295 while the price per square foot is $301.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,362,500
- Address: 1400 North 17th Avenue
- Market: Hollywood
- Units: 22
- Square Footage: 14,472
- Price Per Unit: $198,295
- Price Per Square Foot: $301
- Seller: Tal Urbach
- Buyer: Lorena Gonzalez
- Seller's Representative: Hernando Perez - Horvath & Tremblay
The deal was facilitated by Hernando Perez, representing the seller Tal Urbach, highlighting the collaborative effort between the parties involved in this transaction.
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
3.64%
Cash-on-Cash
-1.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93