Updated Dec 20, 2023
Neema Ahadian & Sean Nami Acquire Multifamily Property On 131 S Boyle Ave In Los Angeles
131 South Boyle Avenue, Los Angeles, CA, USA
$1,650,000
$350/SF
Building Size
4,709 SF
Asset Type
MultiFamily
Closing
Dec 30, 2020
About this deal
AI
The multifamily property located at 131 S Boyle Ave in Los Angeles has been recently sold for $1,650,000. The transaction took place on December 31, 2020, and the property spans over 4,709 square feet, resulting in a price per square foot of $350.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,650,000
- Date: 12/31/2020
- Address: 131 S Boyle Ave
- Market: Los Angeles
The sale of this multifamily property was facilitated by Neema Ahadian (@TheNeemaGroup) and Sean Nami. They served as the brokers representing the parties involved in the deal.
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
9.61%
Cash-on-Cash
-2.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93