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
SOLD
$1,760,000
+ 1
California
See Similar DealsMultiFamily6,602 SF
Sold 02/05/2019
SOLD
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
See Similar DealsMultiFamily6,602 SF
Sold 02/05/2019
+ 1
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$266
Total Square Footage:6,602 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$93,866.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,252.92
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,343.30
Annual Debt Service$100,119.57
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