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10500 S Vermont Ave

Rodolfo Guadaro Acquires 19-Unit Multifamily Property In Los Angeles For $4.55M
SOLD

Rodolfo Guadaro Acquires 19-Unit Multifamily Property In Los Angeles For $4.55M

10500 S Vermont Ave

Building Size

Asset Type

Closing

Aug 31, 2022

AI

A multifamily property located at 10500 S Vermont Ave in Los Angeles has been sold in a record-shattering deal. The property, consisting of 19 units, was sold for a total of $4,550,000. This sale achieved the highest price per unit ever and the highest price per square foot ever for a rent-controlled apartment building within a half-mile radius.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $4,550,000
  • Address: 10500 S Vermont Ave
  • Market: Los Angeles
  • Buyer: Rodofo Guarado
  • Seller: Shlomo Lalezarian
  • Broker: Ardy Ishal - BRC Advisors

The buyer, Rodofo Guarado, acquired the property from the seller, Shlomo Lalezarian. The deal was facilitated by Ardy Ishal from BRC Advisors, who represented both the buyer and seller in the transaction.

If you are considering selling a similar property and would like to achieve a record-breaking sale, you can contact Ardy at 310.433.2739.

Players

Rodofo Guarado

Buyer

$4.6M

vol

2 deals

Buyer

Shlomo Lalezarian

Seller

$7.8M

vol

4 deals

Seller

Los Angeles CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93