SOLDMultiFamily
Steve Geller & Jonathan Taksa Facilitate $3.65M Multifamily Sale In Los Angeles
110 North Kings Road
$3,645,000
$413/SF
Building Size
8,822 SF
Asset Type
MultiFamily
Closing
Apr 12, 2024
AI
The multifamily property located at 110 North Kings Road in Los Angeles was recently sold for $3,645,000. The property spans 8,822 square feet, resulting in a price per square foot of $413.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,645,000
- Address: 110 North Kings Road
- Market: Los Angeles
- Buyer's Representative: Steve Geller - Coldwell Banker
- Seller's Representative: Jonathan Taksa - Taksa Investment Group
- Square Footage: 8,822
- Price per Square Foot: $413
Steve Geller from Coldwell Banker represented the buyer, while Jonathan Taksa from Taksa Investment Group represented the seller in this transaction.
Players
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
4.35%
Cash-on-Cash
-1.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93