Updated Sep 9, 2024
JML Real Estate Group Acquires Multi Family Property In Valley Village LA For $3.12M
12206 Magnolia Boulevard, Valley Village, CA 91607, USA
$3,120,000
$320/SF
Building Size
9,734 SF
Asset Type
MultiFamily
Closing
Jun 14, 2018
About this deal
AI
A multi-family property located at 12206 Magnolia in Valley Village, Los Angeles has been sold. The transaction took place on June 15, 2018. The property was sold for a total of $3,120,000. It spans across 9,734 square feet, resulting in a price per square foot of $320.
Summary of transaction details
- Property Type: Multi Family
- Transaction Amount: $3,120,000
- Address: 12206 Magnolia, Valley Village, Los Angeles
- Market: Valley Village
- City: Los Angeles
- Square Footage: 9,734
- Price per Square Foot: $320
The sale of this property was facilitated by Jared Levine and Hirsch Sherman of JML Real Estate Group, who represented the buyer and seller in the transaction.
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
5.08%
Cash-on-Cash
-1.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93