facebook
Traded Co logo
Submit

RPM Investments Acquires Multifamily Building On La Grange Ave For $4.165M

Property Image
SOLD
$4,165,000
Charlie Rasmussen

California

See Similar Deals
MultiFamily8,182 SF
Sold
the dealplayerscompscontact
Property Image
SOLD

RPM Investments Acquires Multifamily Building On La Grange Ave For $4.165M

10745 La Grange Avenue, Los Angeles, CA, USA

See Similar Deals
MultiFamily8,182 SF
Sold
Charlie Rasmussen
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$509
Total Square Footage:8182 SF
Transaction Type:Sale

The multifamily property located at 10745 La Grange Ave has been sold. The transaction took place on 09/10/2019 and was facilitated by Grant Goldman and Charlie Rasmussen from Lyon Stahl Investment Real Estate, along with Joubin Manoochehri from JNM Realty. The buyer, RPM Investments, acquired the property from the seller, Dory Oro Levi, for a total price of $4,165,000. The property spans 8,182 square feet, resulting in a price per square foot of $509.04.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $4,165,000
  • Address: 10745 La Grange Ave
  • Buyer: RPM Investments
  • Seller: Dory Oro Levi
  • BROKERS:
    • Grant Goldman, Charlie Rasmussen - Lyon Stahl Investment Real Estate
    • Joubin Manoochehri - JNM Realty
  • Square Footage: 8,182
  • Price per Square Foot: $509.04

The involvement of Grant Goldman, Charlie Rasmussen, and Joubin Manoochehri showcases the key individuals and companies behind this transaction. These professionals played a crucial role in facilitating the deal between RPM Investments and Dory Oro Levi.

Players

2 deals$6.3M volume(562) 241-0898
BROKER



Kidder Mathews
BROKERAGE

Details

SOLD
IMAGE: Charlie Rasmussen @charlieras & Grant Goldman @aka_grant @team.stiegler.cre DATE: 09/10/2019 ADDRESS: 10745 La Grange Ave ASSET TYPE: Multifamily BUYER: RPM Investments SELLER: Dory Oro Levi BROKERS: Grant Goldman, Charlie Rasmussen - Lyon Stahl Investment Real Estate, Joubin Manoochehri - JNM Realty PRICE: $4,165,000 SF: 8,182 ~ PPSF: $509.04

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
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$222,133.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$14,797.38
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,744.22
Annual Debt Service$236,930.70