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1400 North 17th Avenue

Lorena Gonzalez Acquires Multifamily Asset In Hollywood From Tal Urbach For $4.36M
SOLDMultiFamily

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.

Players

Hernando Perez

Horvath & Tremblay

Broker

$31.5M

vol

9 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

3.64%

Cash-on-Cash

-1.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93