Updated Dec 18, 2023
Nazilla Ezzat Khah Yengjeh Purchases Multifamily Property On South Normandie Ave In Mid-Wilshire For $1.7M
142 Normandie Avenue, Los Angeles, CA, USA
$1,700,000
$308/SF
Building Size
5,510 SF
Asset Type
MultiFamily
Closing
Mar 11, 2021
About this deal
AI
A multifamily property located at 142 South Normandie Ave in the Mid-Wilshire market has been sold for $1,700,000. The property consists of 7 units with an average price per unit of $242,857. It spans 5,510 square feet, resulting in a price per square foot of $308. The property's Gross Rent Multiplier (GRM) is 15.18x, and the Capitalization Rate (CAP) is 3.70%.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,700,000
- Address: 142 South Normandie Ave
- Market: Mid-Wilshire
- Units: 7
- Price per Unit: $242,857
- Square Feet: 5,510
- Price per Square Foot: $308
- Gross Rent Multiplier (GRM): 15.18x
- Capitalization Rate (CAP): 3.70%
The buyer of the property is Nazilla Ezzat Khah Yengjeh, while the seller is Marlene Aframian. The deal was facilitated by brokers Carter Kruse and Jason Tuvia.
On the Map
$1,700,000
$308/SF
MultiFamily
View full map
Players
Los Angeles MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Carter Kruse 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
9.33%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93