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3630 Midvale Ave.

RRA Capital Provides $4.575M Loan For MultiFamily Property At 3630 Midvale Ave Los Angeles
FINANCEDMultiFamily

RRA Capital Provides $4.575M Loan For MultiFamily Property At 3630 Midvale Ave Los Angeles

3630 Midvale Ave.

$4,575,000

$340/SF

Building Size

13,420 SF

Asset Type

MultiFamily

Closing

Jun 15, 2022

AI

The asset involved in this transaction is a MultiFamily property located at 3630 Midvale Ave., situated in the Los Angeles market. A loan amount of $4,575,000.00 was secured for this property.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $4,575,000.00
  • Loan Date: 06/15/2022
  • Address: 3630 Midvale Ave.
  • Market: Los Angeles
  • Lender: RRA Capital
  • Brokers: Jacob Lee - Pacific Southwest Realty Services

Key individuals involved in this transaction include Jacob Lee representing the brokerage Pacific Southwest Realty Services, and RRA Capital, the lender for the loan secured for this property.

Players

Jacob Lee

PSRS- Pacific Southwest Realty Services

Broker

$91M

vol

7 deals

Broker
RRA Capital
RRA CapitalLender

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

3.47%

Cash-on-Cash

-0.99%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93