Marcus & Millichap Brokers Facilitate $49.5M Sale Of Torrance Multifamily Property
25935 Rolling Hills Road, Torrance, California 90505, United States
$49,525,000
$494/SF
Building Size
100,149 SF
Asset Type
MultiFamily
Closing
Feb 1, 2022
AI
Located at 25935 Rolling Hills Rd in Torrance, this multifamily property was recently sold in a closed transaction. The property consists of 107 units, with each unit priced at an average of $462,850. The total sale price for the property was $49,525,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $49,525,000
- Address: 25935 Rolling Hills Rd
- Market: Torrance
The sale of this property was facilitated by Tyler Leeson, Kevin King, Nick Kazemi, Matthew Kipp, Joseph Grabiec, Kevin Green & Greg Harris, who represented the buyer and seller on behalf of Marcus & Millichap. Their expertise and negotiation skills played a crucial role in finalizing the deal.
Players
Torrance MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.32%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93