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5541 Fulcher Avenue

The Multi Family property located in Los Angeles that spans 16,086 square feet sold for $5,675,000 or $353 PPSF. The deal closed 5 months and 11 days ago. The brokers of the deal were Sam Liberow, Max Gersht, Glen Scher and Filip (Fil) Niculete

  • Location image 5541 Fulcher Avenue, North Hollywood, California 91601, United States
  • Sold Value
    image $5,675,000
    image $353
  • Asset Type image Multi Family
  • Area image 16,086 SF
  • Parties image4 Brokers,1 Agency
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Sam Liberow icon

Marcus & Millichap
  • Deals 77
  • Volume $480,900,000
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Max Gersht

Marcus & Millichap
  • Deals 16
  • Volume $48,110,000
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Glen Scher icon

Marcus & Millichap
  • Deals 138
  • Volume $560,440,000
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Filip (Fil) Niculete icon

Marcus & Millichap
  • Deals 143
  • Volume $600,950,000
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Comparables: 5541 Fulcher Avenue

Showing 4 of 130

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Price Icon $5,960,000

  • StatusSOLD
  • Date09/28/22
  • Address8361 15th Street, Westminster, California 92683, United States
  • Address8361 15th...
  • AssetMULTI FAMILY
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Price Icon $6,075,000

  • StatusSOLD, $449 PPSF
  • Date09/16/22
  • Address1628 Glencoe Way, Glendale, California 91208, United States
  • Address1628 Glencoe...
  • AssetMULTI FAMILY
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Price Icon $5,000,000

  • StatusSOLD, $449 PPSF
  • Date09/12/22
  • Address4058 Hamilton Street, San Diego, California 92104, United States
  • Address4058 Hamilton...
  • AssetMULTI FAMILY
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Price Icon $5,900,000

  • StatusSOLD, $449 PPSF
  • Date09/09/22
  • Address4910 North Maywood Avenue, Los Angeles, California 90041, United States
  • Address4910 North...
  • AssetMULTI FAMILY
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This Deal on Social

SALE
IMAGE: Glen Scher, Filip Niculete, Sam Liberow & Max Gersht
DATE: 04/28/2022
ADDRESS: 5541 Fulcher Ave.
MARKET: North Hollywood
ASSET TYPE: Multifamily

BUYER: Steven Oppenheim & Elisa Schoenfeld
SELLER: Evan E. Levi & Frank Moll
BUYER’S REP: Sam Liberow (@Sam_Liberow) & Max Gersht (@Maximillian_Realty) (The Liberow Group) (@TheLiberowGroup) – Marcus & Millichap
SELLER’S REP: Glen Scher (@ScherGlen) & Filip Niculete (@FNiculete) (LAAA Team) (@LAAATeam) – Marcus & Millichap

SALE PRICE: $5,675,000
UNITS: 15 ~ PPU: $378,333
SF: 16,086 ~ PPSF: $352
GRM: 15.47x
CAP: 4.03%

NOTE FROM BROKER: First Time Property Has Ever Sold
Seller Developed the Property in 1990

Sold w/ Non-Conforming Unit, 2 Vacancies,
& COVID Delinquent Tenants

Great Marcus & Millichap Teamwork
The LAAA Team – Seller
The Liberow Group – Buyer
MMCC’s Sharone Sabar – Financing

Closed at $5,675,000
$378,333 per Unit
$352.79 per SqFt
4.03% CAP Rate
15.47 GRM

Text Content: img

SALE
IMAGE: Glen Scher, Filip Niculete, Sam Liberow & Max Gersht
DATE: 04/28/2022
ADDRESS: 5541 Fulcher Ave.
MARKET: North Hollywood
ASSET TYPE: Multifamily

BUYER: Steven Oppenheim & Elisa Schoenfeld
SELLER: Evan E. Levi & Frank Moll
BUYER’S REP: Sam Liberow (@Sam_Liberow) & Max Gersht (@Maximillian_Realty) (The Liberow Group) (@TheLiberowGroup) – Marcus & Millichap
SELLER’S REP: Glen Scher (@ScherGlen) & Filip Niculete (@FNiculete) (LAAA Team) (@LAAATeam) – Marcus & Millichap

SALE PRICE: $5,675,000
UNITS: 15 ~ PPU: $378,333
SF: 16,086 ~ PPSF: $352
GRM: 15.47x
CAP: 4.03%

NOTE FROM BROKER: First Time Property Has Ever Sold
Seller Developed the Property in 1990

Sold w/ Non-Conforming Unit, 2 Vacancies,
& COVID Delinquent Tenants

Great Marcus & Millichap Teamwork
The LAAA Team – Seller
The Liberow Group – Buyer
MMCC’s Sharone Sabar – Financing

Closed at $5,675,000
$378,333 per Unit
$352.79 per SqFt
4.03% CAP Rate
15.47 GRM

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Contact Sam Liberow

Sam Liberow is First Vice President of Investments at Marcus & Millichap’s Encino office. Since joining the firm, he has...

Marcus & Millichap is a leading firm specializing in commercial real estate sales, financing, research and advisory services. Our firm...

"Glen Scher is a senior associate at Marcus & Millichap’s Encino, California office. Glen specializes in the acquisition and disposition...

"Upon graduating from San Diego State University, Filip began his career in finance as a financial advisor. In 2011 he...

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