Updated Dec 21, 2023
Filip Niculete, Glen Scher & Rick Ramirez Acquire Multifamily Asset On N New Hampshire Ave For $1.68M
1186 North New Hampshire Avenue, Los Angeles, CA 90029, USA
$1,685,000
$301/SF
Building Size
5,584 SF
Asset Type
MultiFamily
Closing
Feb 27, 2020
About this deal
AI
A multifamily property located at 1186 N New Hampshire Ave has been sold for $1,685,000. This property consists of 6 units and spans across 5,584 square feet. The price per square foot for this transaction is $301.76, with each unit priced at an average of $280,833. The sale took place on February 28, 2020.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,685,000
- Address: 1186 N New Hampshire Ave
- Square Footage: 5,584
- Price per Square Foot: $301.76
- Number of Units: 6
- Price per Unit: $280,833
Filip Niculete, Glen Scher, and Rick Ramirez facilitated this transaction as brokers.
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
9.41%
Cash-on-Cash
-2.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93