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:
- Property Type: Multifamily
- Transaction Amount: $925,000
- Units: 4
- Square Feet: 2,197
- Price Per Unit: $231,250
- Price Per Square Foot: $421
- Buyer: Lizbeth & Rodolfo Vivero
- Seller: Danny Monempour
- Broker Representatives: Mike Matthias & Zac Freehling - Pacific Partners Real Estate Investments - KW Beverly Hills
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
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