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2101 Bonsallo Avenue

Matt Lamb Acquires 6-Unit MultiFamily In Los Angeles For $1.625M
SOLDMultiFamily

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

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.

Players

John Swartz

Compass

Broker

$137.6M

vol

19 deals

Broker

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

9.76%

Cash-on-Cash

-2.79%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93