Updated May 20, 2025
$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
About this deal
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.
The multifamily loan at 1836 Hi Point St in Los Angeles, California financed for $1.6M in 2023. The building is 2,707 square feet, implying about 586 per square foot on the published price. Michael Davoodpour, Fred Nabati, Trimax Realty & Loan appear on the loan alongside Trimax Realty & Loan. This page is the Los Angeles, California file for the 1836 Hi Point St multifamily financed: pricing, party profiles, and other closed multifamily comps from the same Los Angeles sit in the Market section below. Filter that Los Angeles multifamily set by closing date to see what else financed near 1836 Hi Point St around 2023. Published consideration for 1836 Hi Point St is $1.6M, dated 2023. Cite this $1,588,000 Loan Secured For 1836 Hi Point St Multifamily In Los Angeles By Fred Nabati loan when underwriting similar multifamily product around Los Angeles, California.
Players
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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