Shaylyn Sheriff & Hyun Sook Park Acquire Multifamily Property In Los Angeles For $940,000
1621 La Fayette Road
$940,000
$328/SF
Building Size
2,865 SF
Asset Type
MultiFamily
Closing
May 14, 2025
AI
The property asset involved in this transaction is a multifamily unit located at 1621 La Fayette Road in Los Angeles. The property has two units, spans a total of 2,865 square feet, and was sold for $940,000, which corresponds to a per unit price of $470,000 and a price per square foot of $328.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $940,000
- Units: 2
- Square Footage: 2,865
- Price Per Unit: $470,000
- Price Per Square Foot: $328
- Buyer: Shaylyn Sheriff & Hyun Sook Park
- Seller: Anna Bedrosian
- Seller's Representatives: Tyler Farrar & Zac Freehling - Pacific Partners Real Estate Investments
This transaction highlights the involvement of Shaylyn Sheriff and Hyun Sook Park as the buyers and Anna Bedrosian as the seller. The deal was facilitated by the seller's representatives, Tyler Farrar and Zac Freehling from Pacific Partners Real Estate Investments, ensuring a smooth transaction process.
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
16.88%
Cash-on-Cash
-4.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93