facebook
Traded Co logo
Submit

Raymond A. Rodriguez Acquires Multifamily Property In Watts, Los Angeles For $1.15M

Property Image
SOLD
$1,150,000

California

See Similar Deals
MultiFamily6,099 SF
Sold 11/30/2021
the dealplayerscompscontact
Property Image
SOLD

Raymond A. Rodriguez Acquires Multifamily Property In Watts, Los Angeles For $1.15M

2075 Imperial Highway, Los Angeles, California 90059, United States

See Similar Deals
MultiFamily6,099 SF
Sold 11/30/2021
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$188
Total Square Footage:6,099 SF
Transaction Type:Sale

A multifamily property located at 2075 E. Imperial Hwy. in Watts, Los Angeles has been sold. The property consists of 6 units with a total of 6,099 square feet. The sale price for this transaction was $1,150,000, resulting in a price per unit of $191,666 and a price per square foot of $188. The property is situated in the Watts market.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,150,000
  • Units: 6
  • Price per Unit: $191,666
  • Square Feet: 6,099
  • Price per Square Foot: $188
  • Address: 2075 E. Imperial Hwy.
  • Market: Watts, Los Angeles

The sale of this multifamily property was facilitated by Raymond A. Rodriguez from Lucrum Real Estate Group. Rodriguez represented the seller in this transaction. KW Commercial SoCal also played a role as the agency involved in this deal.

Players

Raymond (Ray) Rodriguez
8 deals$30.8M volume
BROKER

Details

SOLD
IMAGE: Raymond A. Rodriguez DATE: 11/30/2021 ADDRESS: 2075 E. Imperial Hwy. MARKET: Watts, Los Angeles ASSET TYPE: Multifamily BROKER: Raymond A. Rodriguez (@RayRodriguezRE) (Lucrum Real Estate Group) (@LucrumRE) - KW Commercial SoCal (@KWCommercialSoCal) SALE PRICE: $1,150,000 UNITS: 6 ~ PPU: $191,666 SF: 6,099 ~ PPSF: $188

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