Elijah Korobkin & Maxx Feldman Acquire Multifamily Asset In Koreatown For $3.036M
239 Harvard Blvd, Koreatown, Los Angeles, CA, USA
$3,036,000
$198/SF
Building Size
15,280 SF
Asset Type
MultiFamily
Closing
Jan 31, 2021
AI
A multifamily property located at 239 Harvard Blvd. & 136 Oxford Ave. in Koreatown has been sold. The transaction took place on February 1, 2021. The property consists of 16 units and spans a total of 15,280 square feet. The sale price for the property was $3,036,000, resulting in a price per unit of $189,750 and a price per square foot of $198.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,036,000
- Units: 16
- Price per Unit: $189,750
- Square Footage: 15,280
- Price per Square Foot: $198
- Market: Koreatown
The buyers of the property are Elijah Korobkin and Maxx Feldman, who are represented by TheGoldfingerGroup. The sale was facilitated by Coldwell Banker Commercial as the broker in this transaction. TheGoldfingerGroup is actively seeking to acquire more properties in Koreatown and the surrounding areas. Interested parties can contact TheGoldfingerGroup via Instagram at @TheGoldfingerGroup to submit their deals.
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
5.22%
Cash-on-Cash
-1.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93