Rodolfo Guadaro Acquires 19-Unit Multifamily Property In Los Angeles For $4.55M
10500 S Vermont Ave
Building Size
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Asset Type
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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.
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