Updated Oct 28, 2024
Roknian Family Trust Acquires Multifamily Property On Almayo Ave In Los Angeles
10389 Almayo Avenue, Los Angeles, California 90064, United States
$5,140,000
$553/SF
Building Size
9,292 SF
Asset Type
MultiFamily
Closing
Oct 3, 2022
About this deal
AI
The multifamily property located at 11389 Almayo Ave in Los Angeles, CA has been sold in a closed transaction. The property consists of 6 units with a total square footage of 9,292. The sale price for this transaction was $5,140,000, resulting in a price per unit of $856,667 and a price per square foot of $553.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $5,140,000
- Date: 10/04/2022
- Address: 11389 Almayo Ave
- Market: Los Angeles, CA
- Buyer: Roknian Family Trust
- Seller: Hasid Gabay
- Brokers: Oron Maher & Nicole Lu - Maher Commercial Realty
This transaction was facilitated by Maher Commercial Realty, who sourced both the buyer and the seller. Maher Commercial Realty is a market leader in selling apartment buildings on the Westside of Los Angeles, with a large market share of on and off-market sales. They have assisted many apartment building owners in purchasing, selling, and exchanging properties of different types.
On the Map
$5,140,000
$553/SF
MultiFamily
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Players
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
3.09%
Cash-on-Cash
-0.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93