Updated Dec 21, 2023
Martin Campbell Acquires Multifamily Property On Oak St In Lomita, CA For $8.4M
25907 Oak Street, Lomita, California 90717, United States
$8,400,000
$360/SF
Building Size
23,312 SF
Asset Type
MultiFamily
Closing
Jul 5, 2022
About this deal
AI
The multifamily property located at 25907 Oak St in Lomita, CA was recently sold in a closed transaction. The property spans a total area of 23,312 square feet and was sold at a price of $8,400,000. This translates to a price per square foot of $360.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $8,400,000
- Address: 25907 Oak St, Lomita, CA
- Square Footage: 23,312
The buyer in this transaction is Martin Campbell, while the sellers are Erlinda S Ortiz and Pete G Ortiz.
Players
Lomita 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
1.89%
Cash-on-Cash
-0.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93