Updated Dec 19, 2023
Taksa Investment Group Sells Multifamily Property On Barry Avenue For $3.4M
1562 Barry Avenue, Los Angeles, CA 90025, USA
$3,400,000
$528/SF
Building Size
6,435 SF
Asset Type
MultiFamily
Closing
Jul 11, 2019
About this deal
AI
A multifamily property located at 1562 Barry Avenue in West Los Angeles was recently sold for $3,400,000. The property spans a total of 6,435 square feet, translating to a price per square foot of $528.36.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,400,000
- Square Footage: 6,435
- Price per Square Foot: $528.36
The sale of this multifamily property was facilitated by Jonathan Taksa of Taksa Investment Group.
The multifamily sale at 1562 Barry Avenue, Los Angeles, CA 90025, USA in Los Angeles, California sold for $3.4M in 2019. The building is 6,435 square feet, implying about 528 per square foot on the published price. Jonathan (Jon) Taksa, Taksa Investment Group appear on the sale alongside Taksa Investment Group. This page is the Los Angeles, California file for the 1562 Barry Avenue, Los Angeles, CA 90025, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Los Angeles sit in the Market section below. Filter that Los Angeles multifamily set by closing date to see what else sold near 1562 Barry Avenue, Los Angeles, CA 90025, USA around 2019. Published consideration for 1562 Barry Avenue, Los Angeles, CA 90025, USA is $3.4M, dated 2019. Cite this Taksa Investment Group Sells Multifamily Property On Barry Avenue For $3.4M sale when underwriting similar multifamily product around Los Angeles, California.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.67%
Cash-on-Cash
-1.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93