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2323 Alta Street, Los Angel...

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

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.

Players

Anthony Rodriguez

Coldwell Banker

Broker

$5.5M

vol

3 deals

Broker

Los Angeles 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

9.01%

Cash-on-Cash

-2.58%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93