Updated Dec 21, 2023
Louis S. Parada Jr. & Danny Navarro Acquire Boyle Heights Multifamily For $775,000
2441 Folsom Street, Los Angeles, California 90033, United States
$775,000
Units
775,000
Asset Type
MultiFamily
Closing
Nov 10, 2021
About this deal
AI
The multifamily property located at 2441 Folsom St. in Boyle Heights has been sold for a price of $775,000. The sale was finalized on 11/10/2021. This property consists of 17 units, resulting in a price per unit of $45,588.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $775,000
- Address: 2441 Folsom St.
- Market: Boyle Heights
Louis S. Parada Jr. & Danny Navarro were involved in the transaction as the representatives. They played a crucial role in facilitating the deal between the buyer and the seller.
Players
Los Angeles MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
20.47%
Cash-on-Cash
-5.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93