Steven Oppenheim & Elisa Schoenfeld Acquire Multifamily Asset In North Hollywood For $5.675M
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This MultiFamily property located in CA was sold for $5,675,000 almost 2 years ago. The brokers of the deal were Sam Liberow, Max Gersht, Glen Scher, and Filip (Fil) Niculete
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- Location5541 Fulcher Avenue, North Hollywood, California 91601, United States
- Sale Price$5,675,000$352 PPSF
- Area16,086 SF
- Asset TypeMultiFamily
- Parties4 Brokers, 1 Agency
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Deal Summary
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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5541 Fulcher Avenue
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