Updated Sep 9, 2024
Andres Diaz, Daniel Shon And Salleh Beitollahi Sell Multifamily Property In Rampart Village For $2.65M
112 South Westmoreland Avenue, Central LA, Los Angeles, CA, USA
$2,655,000
$281/SF
Building Size
9,436 SF
Asset Type
MultiFamily
Closing
Dec 27, 2018
About this deal
AI
An multifamily property located at 112 South Westmoreland Avenue in Rampart Village has been sold for a price of $2,655,000. The property spans across 9,436 square feet and offers a cap rate of 2.35% and a GRM of 17.22.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,655,000
- Address: 112 South Westmoreland Avenue
- Market: Rampart Village
The sale of this multifamily property was facilitated by brokers Andres Diaz, Daniel Shon, and Salleh Beitollahi from KingSide Group.
The multifamily sale at 112 South Westmoreland Avenue, Central LA, Los Angeles, CA, USA in Los Angeles, California sold for $2.7M in 2018. The building is 9,436 square feet, implying about 281 per square foot on the published price. Salleh Beitollahi, Daniel Shon, Andres Diaz, Keller Williams Realty appear on the sale alongside Keller Williams Realty. This page is the Los Angeles, California file for the 112 South Westmoreland Avenue, Central LA, 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 112 South Westmoreland Avenue, Central LA, Los Angeles, CA, USA around 2018. Published consideration for 112 South Westmoreland Avenue, Central LA, Los Angeles, CA, USA is $2.7M, dated 2018. Cite this Andres Diaz, Daniel Shon And Salleh Beitollahi Sell Multifamily Property In Rampart Village For $2.65M sale when underwriting similar multifamily product around Los Angeles, California.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.97%
Cash-on-Cash
-1.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93