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1210 E 68th St

Joseph Peralta And Warren White Purchase Los Angeles Multifamily Property From Sola Impact Fund II For $1.295M
SOLDMultiFamily

Joseph Peralta And Warren White Purchase Los Angeles Multifamily Property From Sola Impact Fund II For $1.295M

1210 E 68th St

$1,295,000

$376/SF

Building Size

3,441 SF

Asset Type

MultiFamily

Closing

Aug 7, 2024

AI

The property asset involved in this transaction is a MultiFamily building located at 1210 E 68th St in the Los Angeles market. The sale price for this asset is $1,295,000.00, and it encompasses a total square footage of 3,441.0.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $1,295,000.00
  • Address: 1210 E 68th St
  • Market: Los Angeles
  • Square Footage: 3,441.0
  • Buyer: Joseph Peralta and Warren White
  • Seller: Sola Impact Fund II, LP
  • Broker: Brandon Evans - Lyon Stahl Investment Real Estate

The transaction was facilitated by Brandon Evans, representing Lyon Stahl Investment Real Estate. The buyers, Joseph Peralta and Warren White, executed the purchase from the seller, Sola Impact Fund II, LP.

Players

Brandon Evans

Lyon Stahl Investment Real Estate

Broker

$57.1M

vol

18 deals

Broker

Joseph Peralta

Buyer
Buyer
SL
Sola Impact Fund II, LPSeller

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

12.25%

Cash-on-Cash

-3.50%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93