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$1,588,000 Loan Secured For 1836 Hi Point St Multifamily In Los Angeles By Fred Nabati

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FINANCED
$1,588,000

California

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MultiFamily2,707 SF
Financed 10/27/2023
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Property Image
FINANCED

$1,588,000 Loan Secured For 1836 Hi Point St Multifamily In Los Angeles By Fred Nabati

1836 Hi Point St

See Similar Deals
MultiFamily2,707 SF
Financed 10/27/2023
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$586
Total Square Footage:2,707 SF
Lot Square Footage:6461 SF
Transaction Type:Loan

The transaction involves a multi-family property located at 1836 Hi Point St in the Los Angeles market. The loan amount for this asset is $1,588,000.00.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $1,588,000.00
  • Address: 1836 Hi Point St
  • Market: Los Angeles
  • Brokers: Fred Nabati - Trimax Realty & Loan

Fred Nabati from Trimax Realty & Loan serves as the broker representative in this transaction, facilitating the loan agreement for the landlord involved.

Players

Fred Nabati
61 deals$108.8M volume(424) 704-3373
BROKER

Michael Davoodpour
Trimax Realty & Loan
31 deals$88.8M volume
BROKER

Details

FINANCED
IMAGE: 10/27/2023 ADDRESS: 1836 Hi Point St MARKET: Los Angeles ASSET TYPE: MultiFamily BROKERS: Fred Nabati(Trimax Realty & Loan) LANDLORD: LOAN AMOUNT: $1,588,000.00

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$1,588,000.00

Monthly NOI$10,586.67
Monthly Debt Service$10,037.24
Change in Cash Flow$0.00
Refinance Proceeds$0.00