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The Goldfinger Group Acquires Multifamily Property On West 36th Street, Los Angeles For $1.85M

Property Image
SOLD
$1,850,000

California

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MultiFamily6,970 SF
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Property Image
SOLD

The Goldfinger Group Acquires Multifamily Property On West 36th Street, Los Angeles For $1.85M

1806 West 36th Street

See Similar Deals
MultiFamily6,970 SF
Sold
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$265
Total Square Footage:6970 SF
Transaction Type:Sale

The multifamily property located at 1806 West 36th Street in Los Angeles has been sold. The transaction took place on 10/13/2023 with a sales price of $1,850,000. The property consists of 12 units, resulting in a price per unit of $154,167. The total square footage of the property is 6,970, with a price per square foot of $265.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,850,000
  • Units: 12
  • Price per Unit: $154,167
  • Square Footage: 6,970
  • Price per Square Foot: $265
  • Address: 1806 West 36th Street, Los Angeles

The buyer of the property is The Goldfinger Group, while the seller is Dorian Frankel. The buyer's representatives in the deal were Sean Rosenzweig and Josh Zimmerman from Marcus & Millichap.

Players

Sean Rosenzweig
14 deals$99.4M volume
BROKER

Josh Zimmerman
Marcus & Millichap
2 deals$5.5M volume(310) 946-9442
BROKER

The Goldfinger Group
BUYER

Details

SOLD
IMAGE: Sean Rosenzweig & Josh Zimmerman DATE: 10/13/2023 ADDRESS: 1806 West 36th Street MARKET: Los Angeles ASSET TYPE: Multifamily BUYER: The Goldfinger Group SELLER: Dorian Frankel BUYER'S REP: Sean Rosenzweig (@Sean_Rosenzweig) & Josh Zimmerman (@JoshManuelz) - Marcus & Millichap (@MarcusMillichapinc) SALE PRICE: $1,850,000 UNITS: 12 ~ PPU: $154,167 SF: 6,970 ~ PPSF: $265

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$6,572.67
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