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
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