Updated Oct 28, 2024
Oron Maher Represents Buyer In $2.07M Multifamily Sale On Armacost Avenue, West Los Angeles
1411 Armacost Avenue, Sawtelle, Los Angeles, CA, USA
$2,070,000
$463/SF
Building Size
4,466 SF
Asset Type
MultiFamily
Closing
Jul 9, 2021
About this deal
AI
The multifamily property located at 1411 Armacost Avenue in West Los Angeles has been sold. The property, with a total of 7 units, was sold for $2,070,000. The sale was completed on 07/10/2021.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,070,000
- Units: 7
- Price Per Unit (PPU): $295,714
- Square Footage (SF): 4,466
- Price Per Square Foot (PPSF): $463
- Address: 1411 Armacost Avenue, West Los Angeles
The seller of the property was the Topenburg Family Trust, represented by Christopher Toppenburg. The buyer was represented by Oron Maher.
Los Angeles MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Oron Maher to view all their deals.
Browse California multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.66%
Cash-on-Cash
-2.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93