Updated Apr 1, 2025
John Boyett Of CBRE Represents Multifamily Sale At 1936 Whitley Avenue For $3.425M
1936 Whitley Avenue
$3,425,000
$275/SF
Building Size
12,433 SF
Asset Type
MultiFamily
Closing
Mar 21, 2025
About this deal
AI
This transaction involves a multifamily asset located at 1936 Whitley Avenue in the Los Angeles market. The property was sold for $3,425,000, with a total square footage of 12,433, resulting in a price per square foot of $275.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,425,000
- Address: 1936 Whitley Avenue
- Market: Los Angeles
- Square Footage: 12,433
- Price per Square Foot: $275
- Broker: John Boyett - CBRE
The key individual involved in this transaction is John Boyett, who represented the seller through his agency, CBRE. His role was crucial in facilitating the sale of the multifamily property in the competitive Los Angeles market.
On the Map
$3,425,000
$275/SF
MultiFamily
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.63%
Cash-on-Cash
-1.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93