Updated Sep 9, 2024
Matt Lamb Acquires 6-Unit MultiFamily In Los Angeles For $1.625M
2101 Bonsallo Avenue
$1,625,000
$186/SF
Building Size
8,718 SF
Asset Type
MultiFamily
Closing
Sep 12, 2023
About this deal
AI
The property at 2101 Bonsallo Avenue in Los Angeles has been sold for a price of $1,625,000. This MultiFamily asset consists of 6 units with an average price per unit of $270,833. The total square footage of the property is 8,718, resulting in a price per square foot of $186.
Summary of transaction details
- Property Type: MultiFamily
- Transaction Amount: $1,625,000
- Units: 6
- Price per unit: $270,833
- Square Footage: 8,718
- Price per square foot: $186
- Date: 09/12/2023
- Market: Los Angeles
The buyer of this property is Matt Lamb, while the seller is Don Lynch. Representing the seller in this transaction are John Swartz, Scott Syme Jr, and Natalie Neith from Compass. These individuals played a key role in facilitating the sale of the property.
On the Map
$1,625,000
$186/SF
MultiFamily
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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
9.76%
Cash-on-Cash
-2.79%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93