Updated Dec 18, 2023
Tamarack Real Estate Services Sells Multifamily Property In Koreatown For $1.35M With Broker Michael Susson
2720 James M Wood Boulevard, Central LA, Los Angeles, CA, USA
$1,350,000
$304/SF
Building Size
4,428 SF
Asset Type
MultiFamily
Closing
Aug 19, 2019
About this deal
AI
The multifamily property located at 2720 James M Wood Blvd in Koreatown has been sold for $1,350,000. The property spans across 4,428 square feet, resulting in a price per square foot of $304.88. The transaction took place on 08/20/2019 and was facilitated by Michael Susson from Tamarack Real Estate Services.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,350,000
- Address: 2720 James M Wood Blvd
- Market: Koreatown
- Square Footage: 4,428
- Price Per Square Foot: $304.88
Michael Susson, representing Tamarack Real Estate Services, played a pivotal role in the sale of this property.
Players
Los Angeles MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Michael E. Susson to view all their deals.
Browse California multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
11.75%
Cash-on-Cash
-3.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93