Vladimir Ćuk Acquires 6-Unit Multifamily In Los Angeles For $4.8M
SOLD
$4,800,000
California
See Similar DealsMultiFamily10,178 SF
Sold 09/01/2021
SOLD
Vladimir Ćuk Acquires 6-Unit Multifamily In Los Angeles For $4.8M
1818 Thurman Ave, Los Angeles, CA, USA
See Similar DealsMultiFamily10,178 SF
Sold 09/01/2021
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$471
Total Square Footage:10,178 SF
Transaction Type:Sale
The multifamily property located at 1818 Thurman Ave. in Los Angeles has been sold. The transaction took place on 09/01/2021.
Summary of transaction details
- Property Type: Multifamily
- Sale Price: $4,800,000
- Units: 6
- Price per Unit: $800,000
- Square Footage: 10,178
- Price per Square Foot: $471
- Market: Los Angeles
The buyer of the property is Vladimir Ćuk, while the seller is Isaac Davidi. The deal was facilitated by Elizabeth Maddox and Ian Maddox from The 2-4 Unit.
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Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$256,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$17,053.38
Cash-on-Cash Return-1.27%
Monthly Debt Service$22,754.45
Annual Debt Service$273,053.39
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