Updated Sep 9, 2024
Echo Park Multifamily Sells For $1.165M With Buyer's Rep Andres Diaz & Daniel Shon IngSideGroup
1819 Montrose Street, Los Angeles, CA 90026, USA
$1,165,000
$289/SF
Building Size
4,022 SF
Asset Type
MultiFamily
Closing
Feb 27, 2019
About this deal
AI
An multifamily property located at 1819 Montrose St in Echo Park has been sold for $1.165M. The property spans across 4,022 square feet and has a capitalization rate of 3.07% and a gross rent multiplier of 18.59.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1.165M
- Address: 1819 Montrose St
- Market: Echo Park
The sale of this property was facilitated by Andres Diaz and Daniel Shon from ingSideGroup.
The multifamily sale at 1819 Montrose Street, Los Angeles, CA 90026, USA in Los Angeles, California sold for $1.2M in 2019. The building is 4,022 square feet, implying about 289 per square foot on the published price. Daniel Shon, Andres Diaz, Keller Williams Realty appear on the sale alongside Keller Williams Realty. This page is the Los Angeles, California file for the 1819 Montrose Street, Los Angeles, CA 90026, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Los Angeles sit in the Market section below. Filter that Los Angeles multifamily set by closing date to see what else sold near 1819 Montrose Street, Los Angeles, CA 90026, USA around 2019. Published consideration for 1819 Montrose Street, Los Angeles, CA 90026, USA is $1.2M, dated 2019. Cite this Echo Park Multifamily Sells For $1.165M With Buyer's Rep Andres Diaz & Daniel Shon IngSideGroup sale when underwriting similar multifamily product around Los Angeles, California.
Players
Los Angeles MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Daniel Shon to view all their deals.
Browse California multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
13.62%
Cash-on-Cash
-3.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93