Earle Hyman & Benjamin Lewin Of Marcus & Millichap Sell West LA Multifamily For $4.3M
11340 National Boulevard, West LA, Los Angeles, CA, USA
$4,300,000
$387/SF
Building Size
11,100 SF
Asset Type
MultiFamily
Closing
May 29, 2019
AI
The multifamily property located at 11340 National Blvd in West LA has been sold for $4,300,000. The transaction took place on May 30, 2019. The property spans across 11,100 square feet, resulting in a price per square foot of $387.39.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,300,000
- Address: 11340 National Blvd, West LA
- Market: West LA
The sale of this multifamily property was facilitated by Earle Hyman and Benjamin Lewin, both of whom represent Marcus & Millichap. Additionally, John Susank from Marcus & Millichap was involved in the transaction.
Players
Culver City 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
3.69%
Cash-on-Cash
-1.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93