Updated Oct 28, 2024
Saif Naaom Acquires Multifamily Property On Moorpark St. In Los Angeles For $2.54M
12942 Moorpark Street
$2,535,000
$546/SF
Building Size
4,642 SF
Asset Type
MultiFamily
Closing
Jul 1, 2022
About this deal
AI
The Aprahamian Co. has sold a multifamily property located at 12942 Moorpark St. in Los Angeles. The property consists of 6 units, with a total square footage of 4,642. The sale price for this transaction was $2,535,000, resulting in a price per unit of $422,500 and a price per square foot of $546.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,535,000
- Units: 6
- Price Per Unit: $422,500
- Square Footage: 4,642
- Price Per Square Foot: $546
- Address: 12942 Moorpark St., Los Angeles
- Seller: Nick Aprahamian - The Aprahamian Co.
Saif Naaom is the buyer in this transaction.
Los Angeles MultiFamily Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.26%
Cash-on-Cash
-1.79%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93