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
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
12.25%
Cash-on-Cash
-3.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93