Neema Ahadian & Iman Mossanen Sell Multifamily Property In West Los Angeles For $4.1M
1314 S Barrington Ave, Los Angeles, CA, USA
$4,100,000
$292/SF
Building Size
13,996 SF
Asset Type
MultiFamily
Closing
Jul 27, 2021
AI
A multifamily property located at 1314-1322 S. Barrington Ave. in West Los Angeles has been sold for a total of $4,100,000. The property consists of 10 units with an average price per unit of $410,000. The total square footage is 13,996, resulting in a price per square foot of $315.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,100,000
- Address: 1314-1322 S. Barrington Ave.
- Market: West Los Angeles
- Units: 10
- Price per Unit: $410,000
- Square Footage: 13,996
- Price per Square Foot: $315
The sale of this multifamily property was facilitated by Neema Ahadian & Iman Mossanen, representing the parties involved 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
3.87%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93