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1839 Camden Avenue, Los Ang...

Updated Dec 21, 2023

Jonathan Taksa's Taksa Investment Group Sells Multifamily Property For $8.2M On Camden Avenue In Los Angeles
SOLDMultiFamily

Jonathan Taksa's Taksa Investment Group Sells Multifamily Property For $8.2M On Camden Avenue In Los Angeles

1839 Camden Avenue, Los Angeles, CA, USA

$8,200,000

$458/SF

Building Size

17,868 SF

Asset Type

MultiFamily

Closing

Dec 7, 2020

About this deal

AI

Located in Los Angeles, the multifamily property at 1839 Camden Avenue has recently been sold. The transaction took place on 12/08/2020.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $8,200,000
  • Address: 1839 Camden Avenue
  • Market: Los Angeles

The property is comprised of approximately 17,868 square feet, resulting in a price per square foot of $459. The asking price for the property was $8,795,000.

Jonathan Taksa, from Taksa Investment Group, represented the buyers in this transaction.

The multifamily sale at 1839 Camden Avenue, Los Angeles, CA, USA in Los Angeles, California sold for $8.2M in 2020. The building is 17,868 square feet, implying about 458 per square foot on the published price. Jonathan (Jon) Taksa, Taksa Investment Group appear on the sale alongside Taksa Investment Group. This page is the Los Angeles, California file for the 1839 Camden Avenue, Los Angeles, CA, 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 1839 Camden Avenue, Los Angeles, CA, USA around 2020. Published consideration for 1839 Camden Avenue, Los Angeles, CA, USA is $8.2M, dated 2020. Cite this Jonathan Taksa's Taksa Investment Group Sells Multifamily Property For $8.2M On Camden Avenue In Los Angeles sale when underwriting similar multifamily product around Los Angeles, California.

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 $458 per square foot on a published $8.2M for 17,868 square feet (2020).

Visit Jonathan (Jon) Taksa to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.93%

Cash-on-Cash

-0.55%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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