facebook
Traded Co logo
Submit

Skylar Smoker Purchases 30 Unit Multifamily Property In Los Angeles For $3.3M

Property Image
SOLD
$3,300,000

California

See Similar Deals
MultiFamily16,047 SF
Sold 08/22/2024
the dealplayerscompscontact
Property Image
SOLD

Skylar Smoker Purchases 30 Unit Multifamily Property In Los Angeles For $3.3M

1435 Alvarado Terrace

See Similar Deals
MultiFamily16,047 SF
Sold 08/22/2024
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$205
Total Square Footage:16,047 SF
Transaction Type:Sale

The property involved in this transaction is a multifamily asset located at 1435 Alvarado Terrace in the Los Angeles market. It comprises 30 units and has a total square footage of 16,047, priced at $3,300,000, resulting in a price per unit of $110,000 and a price per square foot of $205.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,300,000
  • Units: 30
  • Square Footage: 16,047
  • Price per Unit: $110,000
  • Price per Square Foot: $205
  • Buyer: Skylar Smoker
  • Seller: Walter M Oliver
  • Buyer's Representative: Jakob Friedman & Michael Dixon - NAI Global
  • Date of Transaction: 08/22/2024

This transaction involves Skylar Smoker as the buyer and Walter M Oliver as the seller. The representatives facilitating the sale for the buyer are Jakob Friedman and Michael Dixon from NAI Global, contributing their expertise to the deal.

Players

Jakob Friedman
10 deals$45.5M volume(818) 912-9865
BROKER

Michael Dixon
NAI Global
10 deals$43.6M volume(818) 261-3615
BROKER

Details

SOLD
IMAGE: Jakob Friedman & Michael Dixon DATE: 08/22/2024 ADDRESS: 1435 Alvarado Terrace MARKET: Los Angeles ASSET TYPE: Multifamily BUYER: Skylar Smoker SELLER: Walter M Oliver BUYER'S REP: Jakob Friedman (@JakobFriedmancre) & Michael Dixon - NAI Global (@NAI.Global) SALE PRICE: $3,300,000 UNITS: 30 ~ PPU: $110,000 SF: 16,047 ~ PPSF: $205

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$175,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$11,724.21
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,643.68
Annual Debt Service$187,724.20