facebook
Traded Co logo
Submit

Kian Family Partnership Purchases MultiFamily Asset In Los Angeles For $1.15M

Property Image
SOLD
$1,150,000

California

See Similar Deals
MultiFamily
Sold 03/19/2023
the dealplayerscompscontact
Property Image
SOLD

Kian Family Partnership Purchases MultiFamily Asset In Los Angeles For $1.15M

2024 7th Ave

See Similar Deals
MultiFamily
Sold 03/19/2023
the dealplayerscompscontact
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Transaction Type:Sale

The property involved in this transaction is a MultiFamily asset located at 2024 7th Ave in Los Angeles. The property was sold for $1,150,000.00, reflecting its market value at the time of the sale.

Summary of transaction details:

Chandler Rockwell represented the seller in this real estate transaction. The buyer, Kian Family Partnership, acquired the property from the market represented by The Rockwell Group.

Players

Chandler Rockwell
The Rockwell Group
Chandler Rockwell
21 deals$109.3M volume(310) 405-7632
BROKER
KP
Kian Family Partnership
BUYER

Details

SOLD
IMAGE: 03/19/2023 ADDRESS: 2024 7th Ave MARKET: Los Angeles ASSET TYPE: MultiFamily BROKERS: Chandler Rockwell(The Rockwell Group) BUYER: Kian Family Partnership PRICE: $1,150,000.00

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$61,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$4,085.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,451.59
Annual Debt Service$65,419.04