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1809 Malcolm Ave, West LA, ...

Updated Dec 21, 2023

Rob Renshaw & Jonathan Taksa Sell Multifamily Property On Malcolm Ave In West LA For $6.2M
SOLDMultiFamily

Rob Renshaw & Jonathan Taksa Sell Multifamily Property On Malcolm Ave In West LA For $6.2M

1809 Malcolm Ave, West LA, Los Angeles, CA, USA

$6,215,000

$433/SF

Building Size

14,355 SF

Asset Type

MultiFamily

Closing

Apr 8, 2021

About this deal

AI

Located in West LA, at 1809 Malcolm Ave., a multifamily property has been sold. The transaction took place on April 9, 2021, with a sale price of $6,215,000. The property consists of 11 units, with a price per unit (PPU) of $565,000.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $6,215,000
  • Units: 11
  • Price per Unit: $565,000

The seller's representatives for this transaction were Rob Renshaw and Jonathan Taksa. Rob Renshaw can be contacted on Instagram at @RobRenshaw, while Jonathan Taksa can be reached at @JTaksa.

For more information about this sale, please refer to the Instagram post linked here.

Players

Jonathan Taksa

Taksa Investment Group

Broker

$597.2M

vol

62 deals

Broker

Los Angeles MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $433 per square foot on a published $6.2M for 14,355 square feet (2021).

Visit Rob Renshaw to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.55%

Cash-on-Cash

-0.73%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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