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2323 Alta Street, Los Angel...

Updated Dec 21, 2023

Rick Raymundo, Traven LeFan, Oscar Diaz, And Anthony Rodriguez At Raymundo, LeFan, Diaz, And Rodriguez Brokers Facilitate $1.76M Sale Of 6,602 SF Multifamily Property On East 20th Street And Alta Street
SOLDMultiFamily

Rick Raymundo, Traven LeFan, Oscar Diaz, And Anthony Rodriguez At Raymundo, LeFan, Diaz, And Rodriguez Brokers Facilitate $1.76M Sale Of 6,602 SF Multifamily Property On East 20th Street And Alta Street

2323 Alta Street, Los Angeles, CA, USA

$1,760,000

$266/SF

Building Size

6,602 SF

Asset Type

MultiFamily

Closing

Feb 4, 2019

About this deal

AI

The multifamily property located at 1138 East 20th Street and 2323 Alta Street has been sold. This property has a total square footage of 6,602. The sale price for this asset was $1,760,000, resulting in a price per square foot of $266.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,760,000
  • Square Footage: 6,602

Rick E. Raymundo, Traven LeFan, Oscar Diaz, and Anthony Rodriguez were the brokers involved in this transaction.

The multifamily sale at 2323 Alta Street, Los Angeles, CA, USA in Los Angeles, California sold for $1.8M in 2019. The building is 6,602 square feet, implying about 266 per square foot on the published price. Traven Lefan, Rick Raymundo, Oscar Diaz, Anthony Rodriguez appear on the sale alongside Coldwell Banker, Marcus & Millichap. This page is the Los Angeles, California file for the 2323 Alta Street, 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 2323 Alta Street, Los Angeles, CA, USA around 2019. Published consideration for 2323 Alta Street, Los Angeles, CA, USA is $1.8M, dated 2019. Cite this Rick Raymundo, Traven LeFan, Oscar Diaz, And Anthony Rodriguez At Raymundo, LeFan, Diaz, And Rodriguez Brokers Facilitate $1.76M Sale Of 6,602 SF Multifamily Property On East 20th Street And Alta Street sale when underwriting similar multifamily product around Los Angeles, California.

On the Map

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$1,760,000

$266/SF

MultiFamily

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Players

Anthony Rodriguez

Coldwell Banker

Broker

$5.5M

vol

3 deals

Broker
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Los Angeles MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $266 per square foot on a published $1.8M for 6,602 square feet (2019).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.01%

Cash-on-Cash

-2.58%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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