Updated Dec 21, 2023
Sunny Paperny Acquires Multifamily Property In Los Angeles From Robert Rubano For $4.3M
1633 Micheltorena Street, Los Angeles, California 90026, United States
$4,305,000
$593/SF
Building Size
7,250 SF
Asset Type
MultiFamily
Closing
Jul 7, 2022
About this deal
AI
The multifamily property located at 1633 Micheltorena St in Los Angeles, CA has been sold in a recent transaction. The property spans 7,250 square feet and was sold for a price of $4,305,000, resulting in a price per square foot of $593.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,305,000
- Address: 1633 Micheltorena St, Los Angeles, CA
- Square Footage: 7,250
- Price per Square Foot: $593
The buyer in this transaction was Sunny Paperny, while the seller was Robert Rubano.
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
3.68%
Cash-on-Cash
-1.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93