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1946 Pierce Street

Sean Fitzgerald Acquires Multifamily Asset On Pierce Street In Hollywood For $2.25M
SOLDMultiFamily

Sean Fitzgerald Acquires Multifamily Asset On Pierce Street In Hollywood For $2.25M

1946 Pierce Street

$2,250,000

$438/SF

Building Size

5,137 SF

Asset Type

MultiFamily

Closing

Jul 1, 2026

AI

The property involved in this transaction is a multifamily asset located at 1946 Pierce Street in Hollywood. The transaction was completed on July 2, 2026, for a sale price of $2,250,000. The asset consists of a total of 11 units and provides a square footage of 5,137. The price per unit is calculated at $204,545, while the price per square foot stands at $437.

Summary of transaction details:

Key individuals involved in this transaction include the buyer Sean Fitzgerald and the seller Sasi Haham. The brokers representing the transaction were Michael Wolsiefer, Erik Leon, Connor Knauer, and Gabriel Pena from Matthews, facilitating the sale process between the buyer and seller.

Players

Connor Knauer

Matthews

Broker

$22.9M

vol

5 deals

Broker
Sean Fitzgerald

Sean Fitzgerald

Buyer

$27.8M

vol

2 deals

Buyer

Sasi Haham

Seller

$2.3M

vol

1 deal

Seller

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

7.05%

Cash-on-Cash

-2.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93