Updated Dec 21, 2023
Berkshire Hathaway HomeServices Acquires Multifamily Property In Los Angeles For $2.3M
1218 North Mansfield Avenue, Los Angeles, CA 90038
$2,265,000
$406/SF
Building Size
5,579 SF
Asset Type
MultiFamily
Closing
Sep 20, 2021
About this deal
AI
The multifamily property located at 1218 N. Mansfield Ave. in Los Angeles has been sold for a total price of $2,265,000. The property consists of 8 units with an average price per unit of $283,125. The total square footage of the property is 5,579, resulting in a price per square foot of $405.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $2,265,000
- Units: 8
- Price Per Unit: $283,125
- Square Footage: 5,579
- Price Per Square Foot: $405
- Address: 1218 N. Mansfield Ave.
- Market: Los Angeles
The sale of the property was facilitated by the brokers Adam Rose, Tom Jonsson, and Will James.
On the Map
$2,265,000
$406/SF
MultiFamily
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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
7.00%
Cash-on-Cash
-2.00%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93