Updated Dec 19, 2023
Santa Monica Multifamily Sold On Cloverfield Blvd For $3.1M
1927 Cloverfield Blvd, Santa Monica, CA, USA
$3,075,000
$633/SF
Building Size
4,856 SF
Asset Type
MultiFamily
Closing
Jul 29, 2019
About this deal
AI
A multifamily property located at 1927 Cloverfield Blvd in Santa Monica has been sold. The property covers an area of 4,856 square feet and was sold for a price of $3,075,000, resulting in a price per square foot of $633.24.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,075,000
- Address: 1927 Cloverfield Blvd, Santa Monica
- Market: Santa Monica
The brokers involved in the deal were Filip Niculete, Glen Scher, Aida Memary, and Jordan Epstein.
Additional information or details about the individuals or companies involved in the transaction are not available.
Players
Santa Monica MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.16%
Cash-on-Cash
-1.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93