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1070 S Bedford #303

Adam Norris Leases 1020 Square Feet MultiFamily Unit To Tenants Mandy Keller And Jasmine Brooks
LEASEDMultiFamily

Adam Norris Leases 1020 Square Feet MultiFamily Unit To Tenants Mandy Keller And Jasmine Brooks

1070 S Bedford #303

$4,000

$4,000/SF

Building Size

1,020 SF

Asset Type

MultiFamily

Closing

Jan 18, 2024

AI

The property asset involved in this transaction is a MultiFamily unit located at 1070 S Bedford, Los Angeles. The total square footage of the unit is 1,020 square feet, with a tenant agreeing to a rent amount of $4,000.00.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $4,000.00
  • Square Feet: 1,020.0
  • Tenant: Mandy Keller and Jasmine Brooks
  • Landlord: Adam Norris

The transaction features Mandy Keller and Jasmine Brooks as the tenants who have leased the property from landlord Adam Norris, facilitating the agreement at the specified rental rate.

Players

Fred Nabati

Trimax Realty & Loan

Broker

$108.8M

vol

61 deals

Broker
TI
Trimax Realty, Inc.Brokerage

Adam Norris

Landlord
Landlord

Mandy Keller

Tenant
Tenant

Los Angeles MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3965.75%

Cash-on-Cash

-1133.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93