Updated Dec 19, 2023
Harbor Group International Acquires Multifamily Property In Playa Vista For $24.3M
11175 Santa Monica Boulevard, Los Angeles, CA, USA
$24,300,000
$359/SF
Building Size
67,519 SF
Asset Type
MultiFamily
Closing
Nov 14, 2019
About this deal
AI
The multifamily property located at 11175 Santa Monica Blvd, 881 Alma Real Drive, and 14724 Ventura Blvd in Playa Vista has been sold. The transaction took place on November 15, 2019.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $24,300,000
- Units: 176
- Price Per Unit: $138,068
- Market: Playa Vista
The buyer of the property is Harbor Group International, represented by Matt Jones.
The multifamily sale at 11175 Santa Monica Boulevard, Los Angeles, CA, USA in Los Angeles, California sold for $24.3M in 2019. Reported inventory is 67,519 square feet across 176 units, or about 359 per square foot. This page is the Los Angeles, California file for the 11175 Santa Monica Boulevard, Los Angeles, CA, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Los Angeles sit in the Market section below. Filter that Los Angeles multifamily set by closing date to see what else sold near 11175 Santa Monica Boulevard, Los Angeles, CA, USA around 2019. Published consideration for 11175 Santa Monica Boulevard, Los Angeles, CA, USA is $24.3M, dated 2019. Cite this Harbor Group International Acquires Multifamily Property In Playa Vista For $24.3M sale when underwriting similar multifamily product around Los Angeles, California.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.65%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93