Josh Hill, Glen Scher, And Filip Niculete Broker $3.8M Multifamily Sale At 10939 Ohio Ave
SOLD
$3,800,000
California
See Similar DealsMultiFamily7,265 SF
Sold 12/27/2019
SOLD
Josh Hill, Glen Scher, And Filip Niculete Broker $3.8M Multifamily Sale At 10939 Ohio Ave
10939 Ohio Avenue, Los Angeles, CA, USA
See Similar DealsMultiFamily7,265 SF
Sold 12/27/2019
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$523
Total Square Footage:7,265 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$202,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$13,500.59
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,013.94
Annual Debt Service$216,167.26
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