William Goldstein Acquires 8-Unit Multifamily In Los Angeles For $3.05M
210 South Fuller Avenue
$3,050,000
$325/SF
Building Size
9,376 SF
Asset Type
MultiFamily
Closing
Feb 28, 2023
AI
The multifamily property located at 210 South Fuller Avenue in Los Angeles has been sold in a closed transaction. The property consists of 8 units with a total square footage of 9,376. The sale price for this transaction was $3,050,000, resulting in a price per unit (PPU) of $381,250 and a price per square foot (PPSF) of $325. The property was listed at an asking price of $3,310,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,050,000
- Units: 8
- Price per Unit: $381,250
- Square Footage: 9,376
- Price per Square Foot: $325
The buyer in this transaction is William Goldstein, while Richard Bradley is the seller. The deal was facilitated by Travis Tapp from Commercial Brokers International, representing both the buyer and seller.
Players
Market 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
5.20%
Cash-on-Cash
-1.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93