Updated Dec 19, 2023
Zac Freehling & Mike Matthias Sell Multifamily Property On South Doheny Dr. In Pico Robertson For $2.3M
1142 South Doheny Drive, Pico - Robertson, Los Angeles, CA, USA
$2,265,000
$552/SF
Building Size
4,098 SF
Asset Type
MultiFamily
Closing
Jul 1, 2020
About this deal
AI
A multifamily property located at 1142 S. Doheny Dr. in the Pico Robertson market has been sold for $2,265,000. The property consists of 7 units, with an average price per unit of $323,571. It has a total area of 4,098 square feet, resulting in a price per square foot of $553.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,265,000
- Units: 7
- Average Price Per Unit: $323,571
- Total Square Feet: 4,098
- Price Per Square Foot: $553
The sale of the property was facilitated by brokers Zac Freehling and Mike Matthias.
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
7.00%
Cash-on-Cash
-2.00%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93