SOLDMultiFamily
Underdog America LLC Purchases 1115 E 75th St Los Angeles Multifamily From Sola Impact Fund II For $1.175M
1115 E 75th St
$1,175,000
$378/SF
Building Size
3,104 SF
Asset Type
MultiFamily
Closing
Aug 29, 2024
AI
This multi-family property located at 1115 E 75th St in Los Angeles was sold for $1,175,000.00. The asset covers a total of 3104.0 square feet.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $1,175,000.00
- Address: 1115 E 75th St
- Market: Los Angeles
- Square Footage: 3104.0
- Buyer: Underdog America LLC
- Seller: Sola Impact Fund II, LP
- Broker: Brandon Evans - Lyon Stahl Investment Real Estate
The transaction was spearheaded by buyer Underdog America LLC and seller Sola Impact Fund II, LP, facilitated by broker Brandon Evans, who represents Lyon Stahl Investment Real Estate in this deal.
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
13.50%
Cash-on-Cash
-3.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93