The Goldfinger Group Acquires Multi Family Property In Mar Vista, Los Angeles For $2.5M
11809 Courtleigh Drive, Los Angeles, CA 90066, USA
$2,525,000
$311/SF
Building Size
8,102 SF
Asset Type
MultiFamily
Closing
Oct 30, 2018
AI
A multi-family property located at 11809 Courtleigh Dr in Mar Vista, Los Angeles, was recently sold for $2,525,000 in September 2018. The property spans a total of 8,102 square feet, offering ample space for its residents. With a price per square foot of $311, this multi-family asset presents a lucrative opportunity for the new owners.
Summary of transaction details
- Property Type: Multi Family
- Transaction Amount: $2,525,000
- Address: 11809 Courtleigh Dr, Los Angeles
- Market: Mar Vista
- Square Footage: 8,102
- Price per Square Foot: $311
- Number of Units: 10
- Price per Unit: $252,500
The buyer of this multi-family property is The Goldfinger Group, who saw the potential in this investment opportunity. Casey Lins of 's agency facilitated the transaction, leveraging their expertise and knowledge of the market.
Players
Los Angeles MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.28%
Cash-on-Cash
-1.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93