Jason Lopata Purchases Multifamily Property At 1245 N Harvard Blvd From Bradley Shupps For $1.75M
1245 N Harvard Blvd
$1,750,000
$350/SF
Building Size
5,000 SF
Asset Type
MultiFamily
Closing
Jul 11, 2023
AI
The property involved in this transaction is a MultiFamily asset located at 1245 N Harvard Blvd in the Los Angeles market. The transaction closed at a price of $1,750,000.00 for a total area of 5000.0 square feet.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $1,750,000.00
- Address: 1245 N Harvard Blvd
- Market: Los Angeles
- Square Footage: 5000.0
- Buyer: Jason Lopata
- Seller: Bradley Shupps
- Brokers: Chase Simonton (Re/Max), John Sarna (Re/Max), Laura Kalb (Hilton & Hyland)
The key individuals involved in this transaction include the buyer, Jason Lopata, and the seller, Bradley Shupps. The brokers representing the transaction are Chase Simonton, John Sarna, both from Re/Max, and Laura Kalb from Hilton & Hyland.
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
9.06%
Cash-on-Cash
-2.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93