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Chia-Chou Yeh & Huili Lim Buy Multifamily In Gardena For $1.46M

Property Image
SOLD
$1,465,000

California

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MultiFamily3,880 SF
Sold 07/10/2024
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Property Image
SOLD

Chia-Chou Yeh & Huili Lim Buy Multifamily In Gardena For $1.46M

2019 West 157th Street

See Similar Deals
MultiFamily3,880 SF
Sold 07/10/2024
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$377
Total Square Footage:3,880 SF
Transaction Type:Sale

The multifamily property located at 2019 West 157th Street in Gardena was recently sold for $1,465,000. This property consists of 4 units, with a total square footage of 3,880. The price per unit equated to $366,250, and the price per square foot was $378.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,465,000
  • Units: 4
  • Square Footage: 3,880
  • Price per Unit: $366,250
  • Price per Square Foot: $378
  • Address: 2019 West 157th Street
  • Market: Gardena

The sale of the property was facilitated by Found Real Estate, with Doug Fillmore and Matt McLaughlin representing the buyer, Chia-Chou Yeh & Huili Lim, as well as the sellers, Karen Espinosa & Pamela Jackson.

Players

6 deals$28.9M volume
BROKER

Details

SOLD
IMAGE: Matt McLaughlin & Doug Fillmore DATE: 07/10/2024 ADDRESS: 2019 West 157th Street MARKET: Gardena ASSET TYPE: Multifamily BUYER: Chia-Chou Yeh & Huili Lim SELLER: Karen Espinosa & Pamela Jackson BROKERS: Doug Fillmore (@DougFillmore_) & Matt McLaughlin (@MattbMcLaughlin) - Found Real Estate SALE PRICE: $1,465,000 UNITS: 4 ~ PPU: $366,250 SF: 3,880 ~ PPSF: $378

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$78,133.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,204.85
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,944.85
Annual Debt Service$83,338.17