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1527 Veteran Ave Los Angele...

Deepak Mehta & Nataliya Mehta Acquire MultiFamily Property In Los Angeles For $3.9M
SOLDMultiFamily

Deepak Mehta & Nataliya Mehta Acquire MultiFamily Property In Los Angeles For $3.9M

1527 Veteran Ave Los Angeles, CA 90024, USA

$3,900,000

$365/SF

Building Size

10,683 SF

Asset Type

MultiFamily

Closing

Jun 23, 2023

AI

A multi-family property located at 1527 Veteran Avenue in Los Angeles has been sold for $3,900,000. The property consists of 8 units with a price per unit of $487,500. It has a total square footage of 10,683, resulting in a price per square foot of $365.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $3,900,000
  • Units: 8
  • Price per Unit: $487,500
  • Square Footage: 10,683
  • Price per Square Foot: $365

The buyer of the property is Deepak Mehta & Nataliya Mehta, while the seller is Yungho Pok.

Players

Nataliya Mehta

Buyer

$180.9M

vol

11 deals

Buyer

Yungho Pok

Seller

$8.1M

vol

2 deals

Seller

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

4.07%

Cash-on-Cash

-1.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93