Mary Tsialiamanis & Georgios Merlemis Purchase Multifamily Asset In Hollywood For $1.695M
2246 Fillmore Street
$1,695,000
$302/SF
Building Size
5,604 SF
Asset Type
MultiFamily
Closing
Aug 27, 2025
AI
The property located at 2246 Fillmore Street in Hollywood is a multifamily asset that was sold for $1,695,000. This multifamily building encompasses 10 units and has a total square footage of 5,604, resulting in a price per unit of $169,500 and a price per square foot of $302.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,695,000
- Units: 10
- Square Footage: 5,604
- Price Per Unit: $169,500
- Price Per Square Foot: $302
- Buyer: Mary Tsialiamanis & Georgios Merlemis
- Seller: Giuseppe Damiano & Joseanne Vasquez
- Brokers: Tejasa Halpin Crawford - Avanti Way; William Cespedes - Cervera Real Estate
This transaction involved experienced real estate professionals, with Tejasa Halpin Crawford representing the buyer through Avanti Way and William Cespedes representing the seller affiliated with Cervera Real Estate, facilitating the smooth execution of this multifamily property sale.
Players
Hollywood MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.36%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93