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:
- Property Type: Multifamily
- Transaction Amount: $2,250,000
- Address: 1946 Pierce Street
- Market: Hollywood
- Units: 11
- Square Footage: 5,137
- Price Per Unit: $204,545
- Price Per Square Foot: $437
- Buyer: Sean Fitzgerald
- Seller: Sasi Haham
- Broker Representation: Michael Wolsiefer, Erik Leon, Connor Knauer & Gabriel Pena - Matthews
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
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
7.05%
Cash-on-Cash
-2.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93