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10800 Wilshire Boulevard

Xiaoqing Yu Acquires 2,640 SF Condo On 10800 Wilshire Boulevard, Los Angeles For $2.64M
SOLDCondo

Xiaoqing Yu Acquires 2,640 SF Condo On 10800 Wilshire Boulevard, Los Angeles For $2.64M

10800 Wilshire Boulevard

$2,640,000

$1,000/SF

Building Size

2,640 SF

Asset Type

Condo

Closing

Aug 15, 2023

AI

Located at 10800 Wilshire Boulevard APT 1001, this condominium in Los Angeles recently changed ownership in a sale transaction. The property spans 2,640 square feet and boasts a price per square foot of $1,000. The asset was listed for an asking price of $2,895,000 and was ultimately sold for $2,640,000.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $2,640,000
  • Address: 10800 Wilshire Boulevard APT 1001
  • Market: Los Angeles

The buyer, Xiaoqing Yu, acquired the property from the seller, the Simmons - Wong Living Trust - Roberta Simmons Wong. Representing the buyer in the deal was Jon Sodeif from Pacific Home Brokers. On the seller's side, Jade Mills, a representative from Coldwell Banker, facilitated the transaction.

Players

Jade Mills

Coldwell Banker

Broker

$683.2M

vol

21 deals

Broker

Market Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.01%

Cash-on-Cash

-1.72%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93