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1936 Whitley Avenue

John Boyett Of CBRE Represents Multifamily Sale At 1936 Whitley Avenue For $3.425M
SOLDMultiFamily

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

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.

Players

John Boyett

CBRE

Broker

$190.7M

vol

32 deals

Broker

Los Angeles 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

4.63%

Cash-on-Cash

-1.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93