Updated Dec 21, 2023
Kenny Stevens At Compass Sells Beverly Grove Multifamily For $22.3M
153 S Hayworth Ave, La Brea, Los Angeles, CA, USA
$22,350,000
$392/SF
Building Size
56,896 SF
Asset Type
MultiFamily
Closing
Mar 31, 2020
About this deal
AI
The multifamily property located at 153 S. Hayworth Ave., 123 S. Hayworth Ave., 101 N. Hayworth Ave., and 135 N. Hayworth Ave. in Beverly Grove has been sold. The transaction took place on 04/01/2020 and was captured in an image by Kenny Stevens. The property comprises 60 units with a total area of 56,896 square feet. The sale price for this asset was $22,350,000, resulting in a price per square foot of $392.82 and a price per unit of $372,500.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $22,350,000
- Image: Kenny Stevens
- Date: 04/01/2020
- Address: 153 S. Hayworth Ave., 123 S. Hayworth Ave., 101 N. Hayworth Ave., and 135 N. Hayworth Ave.
- Market: Beverly Grove
- Units: 60
- Square Footage: 56,896
- Price per Square Foot: $392.82
- Price per Unit: $372,500
Kenny Stevens, from Compass, represented the parties involved in this transaction as the broker.
Players
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Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.71%
Cash-on-Cash
-0.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93