Michael Sterman Of Marcus & Millichap Facilitates $4.975M Sale Of LA Multifamily
10915 Rose Avenue
$4,975,000
$243/SF
Building Size
20,450 SF
Asset Type
MultiFamily
Closing
May 3, 2024
AI
The multifamily property located at 10915 Rose Avenue in Los Angeles was sold for $4,975,000. The property spans 20,450 square feet, resulting in a price per square foot of $243.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,975,000
- Address: 10915 Rose Avenue
- Market: Los Angeles
- Broker: Michael Sterman - Marcus & Millichap
- Square Footage: 20,450
- Price Per Square Foot: $243
Michael Sterman of Marcus & Millichap represented the parties involved in the sale of the multifamily property at 10915 Rose Avenue in Los Angeles, facilitating the transaction.
Los Angeles MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.19%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93