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417 S Kenmore Ave, Los Ange...

William DeFanti Of PSRS Secures $4.4M Loan For Condo In Los Angeles
FINANCEDCondo

William DeFanti Of PSRS Secures $4.4M Loan For Condo In Los Angeles

417 S Kenmore Ave, Los Angeles, CA...

$4,400,000

Building Size

Asset Type

Condo

Closing

Mar 27, 2017

AI

The property at 417 S Kenmore Ave, Los Angeles, CA is a condo that was involved in a recent transaction. The loan amount for this asset was $4,400,000.00. The deal was finalized on 03/27/2017 in Los Angeles.

Summary of transaction details:

William DeFanti from PSRS- Pacific Southwest Realty Services acted as the borrower's representative in this transaction, securing a loan from an unknown life insurance company. This deal sheds light on the key individuals and companies involved in the condo transaction, highlighting the significant financial transaction that took place in Los Angeles.

Players

William DeFanti

PSRS- Pacific Southwest Realty Services

Broker

$4.4M

vol

2 deals

Broker
Uc
Unknown life insurance companyLender

Los Angeles Condo Market Snapshot

Boundary boundary · Condo · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.61%

Cash-on-Cash

-1.03%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93