Zoey Granott & Martin Fish Broker $3.65M Multifamily Sale In Los Angeles
SOLD
California
See Similar DealsMultiFamily6,582 SF
Sold 03/26/2024
SOLD
Zoey Granott & Martin Fish Broker $3.65M Multifamily Sale In Los Angeles
1227 North June Street
See Similar DealsMultiFamily6,582 SF
Sold 03/26/2024
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$554
Total Square Footage:6,582 SF
Transaction Type:Sale
The multifamily property located at 1227 North June Street in Los Angeles was sold for $3,650,000. This property consists of 4 units with a total area of 6,582 square feet, resulting in a price per unit of $912,500 and a price per square foot of $555.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $3,650,000
- Units: 4
- Price Per Unit: $912,500
- Square Footage: 6,582
- Price Per Square Foot: $555
- Address: 1227 North June Street, Los Angeles
- Market: Los Angeles
The buyer's representative in this transaction was Zoey Granott from Urbanlime Real Estate, while the seller was represented by Martin Fish from Citivest Realty Services, Inc.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$194,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,967.69
Cash-on-Cash Return-1.27%
Monthly Debt Service$17,302.86
Annual Debt Service$207,634.35
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