Jonathan Krikorian Sells Multifamily Property In Beverlywood For $2.3M
SOLD
$2,285,000
California
See Similar DealsMultiFamily6,468 SF
Sold 02/08/2021
SOLD
Jonathan Krikorian Sells Multifamily Property In Beverlywood For $2.3M
2012 South Bedford Street, Los Angeles, CA, USA
See Similar DealsMultiFamily6,468 SF
Sold 02/08/2021
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$353
Total Square Footage:6,468 SF
Transaction Type:Sale
The multifamily property located at 2012 S. Bedford St. in Beverlywood was recently sold for a total price of $2,285,000. The property consists of 6 units, with a price per unit (PPU) of $380,833. It spans a total area of 6,468 square feet, resulting in a price per square foot (PPSF) of $353.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $2,285,000
- Address: 2012 S. Bedford St.
- Market: Beverlywood
- Units: 6
- PPU: $380,833
- SF: 6,468
- PPSF: $353
The buyers in this transaction were represented by Clark Everitt & William Everittt, while Jonathan Krikorian acted as the seller's representative.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$121,866.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,118.11
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,832.07
Annual Debt Service$129,984.79
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