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2246 Fillmore Street

Mary Tsialiamanis & Georgios Merlemis Purchase Multifamily Asset In Hollywood For $1.695M
SOLDMultiFamily

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

William Cespedes

Cervera Real Estate

Broker

$3.9M

vol

2 deals

Broker
Avanti Way
Avanti WayBrokerage

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

9.36%

Cash-on-Cash

-2.67%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93