facebook
Traded Co logo
Submit

Berkshire Hathaway HomeServices Acquires Multifamily Property In Los Angeles For $2.3M

Property Image
SOLD
$2,265,000

California

See Similar Deals
MultiFamily5,579 SF
Sold 09/20/2021
the dealplayerscompscontact
Property Image
SOLD

Berkshire Hathaway HomeServices Acquires Multifamily Property In Los Angeles For $2.3M

1218 North Mansfield Avenue, Los Angeles, CA 90038

See Similar Deals
MultiFamily5,579 SF
Sold 09/20/2021
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$406
Total Square Footage:5,579 SF
Transaction Type:Sale

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.

Players

Tom Jonsson
8 deals$32.8M volume
BROKER

Will James
James Capital Advisors
8 deals$32.8M volume
BROKER

Adam Rose
4 deals$5.4M volume
BROKER

Details

SOLD
IMAGE: Adam Rose, Tom Jonsson & Will James DATE: 09/20/2021 ADDRESS: 1218 N. Mansfield Ave. MARKET: Los Angeles ASSET TYPE: Multifamily BROKERS: Adam Rose (@AdamRose2), Tom Jonsson (@TomJonssonCRE) & Will James SALE PRICE: $2,265,000 UNITS: 8 ~ PPU: $283,125 SF: 5,579 ~ PPSF: $405

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$120,799.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$8,047.07
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,737.26
Annual Debt Service$128,847.07