Updated Oct 29, 2024
225 W 25th Street LLC Acquires Multifamily Property In Downtown LA For $3.2M
225 West 25th Street, Los Angeles, California, USA
$3,200,000
$229/SF
Building Size
13,974 SF
Asset Type
MultiFamily
Closing
May 23, 2018
About this deal
AI
The multifamily property located at 225 W. 25th Street, Los Angeles, CA has been sold in a transaction that took place on 5/24/18. The property is situated in downtown LA and spans a total of 13,974 square feet.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,200,000
- Price Per Square Foot: $228
- Buyer: 225 W 25th Street LLC
Sean Nami, representing Marcus & Millichap, played a significant role in the sale of the property. Acting as the representative for both the buyer and the seller, Nami facilitated the transaction.
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
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93