facebook
Traded Co logo
Submit a Deal

Kevin Hart Acquires Burbank Multifamily For $3.185M From Seller Diana Brand

 123 N Maple St, Burbank, CA
PointingArrow
ShareContact

This MultiFamily property located in CA was sold for $3,185,000 over 3 years ago. The brokers of the deal were Morgan Mcmullin and Chris Chasin

An multifamily property located at 123 N Maple St in Burbank has been sold. The transaction took place on December 14, 2020. The property consists of 9 units with a total square footage of 6,518. The asking price for the property was $3,200,000 and it was sold for $3,185,000. This translates to a price per unit of $353,889 and a price per square foot of $489. The property has a capitalization rate of 4.31% and a gross rent multiplier of 15.37x.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,185,000
  • Address: 123 N Maple St
  • Market: Burbank
  • Units: 9
  • Square Footage: 6,518
  • Price per Unit: $353,889
  • Price per Square Foot: $489
  • Capitalization Rate: 4.31%
  • Gross Rent Multiplier: 15.37x

The buyer of the property is Kevin Hart, and the seller is Diana Brand. The transaction was facilitated by brokers Morgan McMullin from @MorgraMMcmullin and Chris Chasin from @ChrisChasin.

View Related

Deals
  • Location
    123 N Maple St123 N Maple St
  • Sale Price
    $3,185,000$3,185,000
    $488 PPSF$488 PPSF
  • Area
    6,518 SF6,518 SF
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Morgan Mcmullin

Morgan Mcmullin

Deals16
Sold$78.1M

Chris Chasin

Chris Chasin

Deals11
Sold$76.6M

Agency

Partners CRE

Partners CRE

Agency
Deals92
Volume$421.9M

Social

Deal Summary

SALE IMAGE: Morgan McMullin & Chris Chasin DATE: 12/14/2020 ADDRESS: 123 N Maple St MARKET: Burbank ASSET TYPE: Multifamily BUYER: Kevin Hart SELLER: Diana Brand BROKERS: Morgan McMullin @MorgraMMcmullin & Chris Chasin @ChrisChasin ASKING PRICE: $3,200,000 SALE PRICE: $3,185,000 UNITS: 9 ~ PPU: $353,889 SF: 6,518 ~ PPSF: $489 CAP: 4.31% ~ GRM: 15.37x

Comparables


We could not find what you were looking for, try a different filter

Contact

Broker's profile image

123 N Maple St, Burbank, CA

  • Social

  • Comparables

  • Contact

  • Share


  • Login to Suggest Edits