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10939 Ohio Avenue, Los Ange...

Josh Hill, Glen Scher, And Filip Niculete Broker $3.8M Multifamily Sale At 10939 Ohio Ave
SOLDMultiFamily

Josh Hill, Glen Scher, And Filip Niculete Broker $3.8M Multifamily Sale At 10939 Ohio Ave

10939 Ohio Avenue, Los Angeles, CA, USA

$3,800,000

$523/SF

Building Size

7,265 SF

Asset Type

MultiFamily

Closing

Dec 26, 2019

AI

Located at 10939 Ohio Ave, this multifamily property was recently sold for a price of $3,800,000. The property spans across 7,265 square feet, resulting in a price per square foot of $523.06. The transaction took place on December 27, 2019.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $3,800,000
  • Address: 10939 Ohio Ave
  • Size: 7,265 square feet
  • Price per Square Foot: $523.06

The brokers handling this sale were Josh Hill, Glen Scher, and Filip Niculete. They played a crucial role in facilitating the transaction and ensuring a successful deal for all parties involved.

Players

Filip Niculete

Marcus & Millichap

Broker

$792.7M

vol

200 deals

Broker

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

4.17%

Cash-on-Cash

-1.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93