facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

California

/

Multifamily

/

Sale

/

1411 West 11th Street, Los ...

Helena Auerbach Acquires Multifamily Property In Santa Monica For $2.4M
SOLDMultiFamily

Helena Auerbach Acquires Multifamily Property In Santa Monica For $2.4M

1411 West 11th Street, Los Angeles, CA 90015

$2,399,000

$940/SF

Building Size

2,552 SF

Asset Type

MultiFamily

Closing

Dec 31, 2021

AI

The multifamily property located at 1411 11th St. in Santa Monica, Los Angeles has been sold in a closed transaction. The sale took place on December 31, 2021, and the property was purchased for a total of $2,399,000. The property spans 2,552 square feet, resulting in a price per square foot of $940. The buyer of the property is Helena Auerbach, while the seller is Richard Haskins. The transaction was facilitated by brokers Zac Freehling and Mike Matthias from Pacific Partners Los Angeles.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,399,000
  • Address: 1411 11th St.
  • Market: Santa Monica, Los Angeles
  • Buyer: Helena Auerbach
  • Seller: Richard Haskins
  • Brokers: Zac Freehling & Mike Matthias - Pacific Partners Los Angeles

Zac Freehling and Mike Matthias from Pacific Partners Los Angeles represented the buyer and seller in this transaction. The deal involved the purchase of a multifamily property with a size of 2,552 square feet. The transaction price was $2,399,000, resulting in a price per square foot of $940.

Players

Mike Matthias

Pacific Partners Real Estate Investments

Broker

$37M

vol

15 deals

Broker

Los Angeles MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.61%

Cash-on-Cash

-1.89%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93