Updated Dec 4, 2024
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
About this deal
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