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
Los Angeles MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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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