facebook
Traded Co logo
Submit

First Pacific Financial Provides $11.8M Loan For Multifamily Property In Eagle Rock

Property Image
FINANCED
$11,825,000

California

See Similar Deals
MultiFamily50,210 SF
Financed 06/19/2020
the dealplayerscompscontact
Property Image
FINANCED

First Pacific Financial Provides $11.8M Loan For Multifamily Property In Eagle Rock

4124 Eagle Rock Blvd, Los Angeles, CA 90065, USA

See Similar Deals
MultiFamily50,210 SF
Financed 06/19/2020
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$235
Total Square Footage:50,210 SF
Transaction Type:Loan

The multifamily property located at 4124 Eagle Rock Blvd in Eagle Rock has been involved in a recent transaction. The property, spanning 50,210 square feet, consists of 64 units. The transaction took place on 06/19/2020.

Summary of transaction details

The loan amount for this transaction was $11,825,000. The loan terms include a 10-year fixed rate at 2.865% with 10 years of interest-only payments. The lender involved in the transaction is First Pacific Financial, and the broker representing the deal is Tyler Bradford from the agency.

It is worth noting that this transaction also involved a cash-out option and is non-recourse.

Players

Tyler Bradford
Tyler Bradford
9 deals$180.5M volume
BROKER
First Pacific Financial
First Pacific Financial
LENDER

Details

FINANCED
IMAGE: IMAGE: Tyler Bradford @TBradford1010 DATE: 06/19/2020 ADDRESS: 4124 Eagle Rock Blvd MARKET: Eagle Rock ASSET TYPE: Multifamily LOAN AMOUNT: $11,825,000 LOAN TERMS: 10 year fixed at 2.865%, 10 years interest only SF: 50,210 UNITS: 64 LENDER: First Pacific Financial BROKER: Tyler Bradford NOTES: 10 years interest only, Cash-out, Non-recourse.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$11,825,000.00

Monthly NOI$78,833.33
Monthly Debt Service$74,742.04
Change in Cash Flow$0.00
Refinance Proceeds$0.00