Yohann Bensimon & Dan Malka's Ikon Advisors Facilitates $2.6M Sale Of Multifamily Property In East Hollywood
156 North Mariposa Avenue, Los Angeles, CA 90004, USA
$2,626,000
$436/SF
Building Size
6,013 SF
Asset Type
MultiFamily
Closing
Apr 21, 2021
AI
The multifamily property located at 156 N. Mariposa Avenue in Los Angeles, CA 90004 was recently sold in a closed transaction in East Hollywood.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,626,000
- Square Footage: 6,013
- Price Per Square Foot: $432
- Capitalization Rate: 5.3%
- Sale Date: 04/22/2021
The sale was facilitated by Yohann Bensimon (@YBensimon88) and Dan Malka (@DanMalka_Re) of Ikon Advisors (@IkonAdvisors). They represented the parties involved in the transaction, functioning as the brokers.
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
6.04%
Cash-on-Cash
-1.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93