Updated May 20, 2025
Clay Anderson And Spencer Hayes Lease Multifamily Property At 1070 South Bedford Street In Los Angeles
1070 South Bedford Street
$4,000
$4,000/SF
Building Size
1,020 SF
Asset Type
MultiFamily
Closing
Jul 1, 2023
About this deal
AI
The asset involved in this transaction is a MultiFamily property located at 1070 South Bedford Street in Los Angeles, covering an area of 1,020 square feet with a rent amount of $4,000.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $4,000
- Address: 1070 South Bedford Street
- Market: Los Angeles
- Square Feet: 1,020.0
- Tenant: Clay Anderson and Spencer Hayes
- Landlord: Adam Norris
- Brokers: Fred Nabati (Trimax Realty & Loan)
This transaction was facilitated by Fred Nabati representing the landlord, Adam Norris, highlighting the roles of the key entities involved in securing the lease agreement.
On the Map
$4,000
$4,000/SF
MultiFamily
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Players
Los Angeles MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Lease transactions
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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