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227 East 52nd Street, South...

Updated Dec 18, 2023

Jordan Epstein Acquires Multifamily Property On East 52nd Street In South LA For $935K
SOLDMultiFamily

Jordan Epstein Acquires Multifamily Property On East 52nd Street In South LA For $935K

227 East 52nd Street, South Park, Los Angeles, CA, USA

$935,000

$162/SF

Building Size

5,740 SF

Asset Type

MultiFamily

Closing

Jun 23, 2019

About this deal

AI

A multifamily property located at 227 East 52nd Street in South LA has been sold for $935,000. The property spans a total of 5,740 square feet, resulting in a price per square foot of $162.89.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $935,000
  • Address: 227 East 52nd Street
  • Market: South LA
  • Broker: Jordan Epstein

The deal was facilitated by broker Jordan Epstein.

The multifamily sale at 227 East 52nd Street, South Park, Los Angeles, CA, USA in Los Angeles, California sold for $935K in 2019. The building is 5,740 square feet, implying about 162 per square foot on the published price. Jordan Epstein, Marcus & Millichap appear on the sale alongside Marcus & Millichap. This page is the Los Angeles, California file for the 227 East 52nd Street, South Park, Los Angeles, CA, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Los Angeles sit in the Market section below. Filter that Los Angeles multifamily set by closing date to see what else sold near 227 East 52nd Street, South Park, Los Angeles, CA, USA around 2019. Published consideration for 227 East 52nd Street, South Park, Los Angeles, CA, USA is $935K, dated 2019. Cite this Jordan Epstein Acquires Multifamily Property On East 52nd Street In South LA For $935K sale when underwriting similar multifamily product around Los Angeles, California.

Players

Jordan Epstein

Marcus & Millichap

Broker

$49.5M

vol

19 deals

Broker

Los Angeles MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $162 per square foot on a published $935K for 5,740 square feet (2019).

Visit Jordan Epstein to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

16.97%

Cash-on-Cash

-4.85%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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