Stephen Takahashi & Charlie Rasmussen Acquires Multifamily Property In Hawthorne For $2.125M
11637 Eucalyptus Ave, Hawthorne, CA 90250, USA
$2,125,000
$29/SF
Building Size
71,300 SF
Asset Type
MultiFamily
Closing
May 25, 2020
AI
The multifamily property located at 11637 Eucalyptus Ave in Hawthorne has been sold for a price of $2,125,000. The property spans a total area of 7,130 square feet, resulting in a price per square foot of $298. It consists of 6 units with a price per unit of $325,000. The cap rate for this transaction is 5.79%.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,125,000
- Address: 11637 Eucalyptus Ave
- Market: Hawthorne
- Square Footage: 7,130
- Price per Square Foot: $298
- Number of Units: 6
- Price per Unit: $325,000
- Cap Rate: 5.79%
The transaction was facilitated by Stephen Takahashi and Charlie Rasmussen, who represent Lyon Stahl Investment Real Estate.
Players
Hawthorne 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
7.46%
Cash-on-Cash
-2.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93