Artie Fields Of LouTex Purchases Multifamily Property From Kip Kolodziejski For $1.65M In Los Angeles
SOLD
$1,650,000
California
See Similar DealsMultiFamily5,621 SF
Sold 08/28/2025
SOLD
Artie Fields Of LouTex Purchases Multifamily Property From Kip Kolodziejski For $1.65M In Los Angeles
2634 Dalton Avenue
See Similar DealsMultiFamily5,621 SF
Sold 08/28/2025
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$293
Total Square Footage:5,621 SF
Transaction Type:Sale
This multifamily asset, located at 2634 Dalton Avenue in Los Angeles, was sold for $1,650,000. The property consists of 5 units, contributing to a price per unit of $330,000. The total square footage of the property is 5,621, resulting in a price per square foot of $293.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $1,650,000
- Units: 5
- Price Per Unit: $330,000
- Total Square Footage: 5,621
- Price Per Square Foot: $293
- Buyer: Artie Fields - LouTex
- Seller: Kip Kolodziejski
- Broker: Cameron Samimi - Lyon Stahl Investment Real Estate
- Date of Transaction: 08/28/2025
The transaction involved Artie Fields from LouTex, who acted as the buyer, while Kip Kolodziejski served as the seller. Cameron Samimi represented the brokerage firm Lyon Stahl Investment Real Estate in this transaction, playing a vital role in facilitating the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$88,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,862.09
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,821.84
Annual Debt Service$93,862.10
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