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112 South Westmoreland Aven...

Updated Sep 9, 2024

Bilt advertisement
Andres Diaz, Daniel Shon And Salleh Beitollahi Sell Multifamily Property In Rampart Village For $2.65M
SOLDMultiFamily

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.

Players

Andres Diaz

Keller Williams Realty

Broker

$55.6M

vol

16 deals

Broker

Los Angeles MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $281 per square foot on a published $2.7M for 9,436 square feet (2018).

Visit Salleh Beitollahi to view all their deals.

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

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