Updated Dec 21, 2023
Sam Liberow Sells 11-unit Multifamily Property In Los Angeles For $4.475M
1643 North Martel Avenue, Los Angeles, CA 90046, USA
$4,475,000
$606/SF
Building Size
7,383 SF
Asset Type
MultiFamily
Closing
Nov 4, 2020
About this deal
AI
Located at 1643 N. Martel Ave. in Los Angeles, this multifamily property recently changed hands in a sale transaction. The property consists of 11 units, with a total of 7,383 square feet. The sale price for this transaction was $4,475,000, resulting in a price per unit of $406,818 and a price per square foot of $606.12.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $4,475,000
- Units: 11
- Price Per Unit: $406,818
- Square Feet: 7,383
- Price Per Square Foot: $606.12
Sam Liberow of the Liberow Group represented the seller in this transaction.
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
3.54%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93