Updated Dec 4, 2024
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
About this deal
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
Market Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $1K per square foot on a published $2.6M for 2,640 square feet (2023).
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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