Updated Sep 5, 2024
Derek Reilly & David Miller's Westside Experts Sell West Los Angeles Multifamily For $4M
1334 Barry Avenue, Los Angeles, California 90025, United States
$4,000,000
$554/SF
Building Size
7,212 SF
Asset Type
MultiFamily
Closing
Jun 2, 2022
About this deal
AI
The multifamily property located at 1334 Barry Ave in West Los Angeles has been sold in a recent transaction. The property consists of 8 units with a total area of 7,212 square feet. The sale price for this transaction was $4,000,000, resulting in a price per unit of $500,000 and a price per square foot of $554.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,000,000
- Units: 8
- Price per Unit: $500,000
- Square Footage: 7,212
- Price per Square Foot: $554
- Address: 1334 Barry Ave
- Market: West Los Angeles
The sale of this multifamily property was facilitated by Derek Reilly and David Miller from Westside Experts, who represented 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
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93