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210 South Fuller Avenue

William Goldstein Acquires 8-Unit Multifamily In Los Angeles For $3.05M
SOLDMultiFamily

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

Travis Tapp

Commercial Brokers International

Broker

$3.1M

vol

1 deal

Broker

Richard Bradley

Seller

$40.3M

vol

3 deals

Seller

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