facebook

traded

+ Submit
Home

/

Deals

/

California

/

Multifamily

/

Lease

/

1070 South Bedford Street

LEASEDMultiFamily

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

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:

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.

Players

TI
Trimax Realty, Inc.Brokerage

Adam Norris

Landlord
Landlord

Clay Anderson

Tenant

6 deals

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