SOLD
Andy Goldman & Jan Goldman Acquire Hollywood Multifamily For $5.6M
1953-1959 Cheremoya Avenue
MultiFamily
16,482 SF
16,482 SF
Sold 1 year ago
Summary
Sale
CALIFORNIA
MultiFamily
16,482 sqft
The multifamily property located at 1953-1959 Cheremoya Avenue in Hollywood was recently sold. The transaction took place on July 23, 2021. The property consists of 16 units with a total square footage of 16,482. The sale price for this property was $5,625,000, which equates to a price per unit of $351,562. The price per square foot is $341. The cap rate for this transaction is 3.77%. The property was listed with an asking price of $5,985,000.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $5,625,000
- Address: 1953-1959 Cheremoya Avenue, Hollywood
- Market: Hollywood
The buyer of this multifamily property was Andy Goldman & Jan Goldman. They were represented by Michael Tootikian. The seller of the property was Krause Slamet & Morell Danjelic - Charitable Remainder Trust. Karl Duistermars represented the seller in this transaction.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Michael Tootikian
DATE: 07/23/2021
ADDRESS: 1953-1959 Cheremoya Avenue
MARKET: Hollywood
ASSET TYPE: Multifamily
BUYER: Andy Goldman & Jan Goldman
SELLER: Krause Slamet & Morell Danjelic - Charitable Remainder Trust
BUYER'S REP: Michael Tootikian
SELLER'S REP: Karl Duistermars
ASKING PRICE: $5,985,000
SALE PRICE: $5,625,000
UNITS: 16 ~ PPU: $351,562
SF: 16,482 ~ PPSF: $341
CAP: 3.77%View on map
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Address1953-1959 Cheremoya Avenue
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