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205 Newland Street

Lizbeth & Rodolfo Vivero Purchase Multifamily Property On Newland Street From Danny Monempour For $925,000
SOLDMultiFamily

Lizbeth & Rodolfo Vivero Purchase Multifamily Property On Newland Street From Danny Monempour For $925,000

205 Newland Street

$925,000

$421/SF

Building Size

2,197 SF

Asset Type

MultiFamily

Closing

May 30, 2025

AI

The property asset involved in the transaction is a multifamily building located at 205 Newland Street, Los Angeles. The sale price was $925,000, and the property consists of 4 units. It has a total square footage of 2,197, resulting in a price per unit of $231,250 and a price per square foot of $421.

Summary of transaction details:

The deal involved Lizbeth & Rodolfo Vivero as the buyers, acquiring the property from seller Danny Monempour. Broker representatives Mike Matthias and Zac Freehling facilitated the transaction through Pacific Partners Real Estate Investments and KW Beverly Hills.

Players

Mike Matthias

Pacific Partners Real Estate Investments

Broker

$37M

vol

15 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

17.15%

Cash-on-Cash

-4.90%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93