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1836 Hi Point St

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

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

1836 Hi Point St

$1,588,000

$586/SF

Building Size

2,707 SF

Asset Type

MultiFamily

Closing

Oct 27, 2023

AI

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

Trimax Realty & Loan

Broker

$108.8M

vol

61 deals

Broker
TI
Trimax Loan IncLender

Oscar Hall

Landlord
Landlord

Los Angeles MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.99%

Cash-on-Cash

-2.85%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93