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2826 Leeward Avenue, Los An...

Yohann Bensimon & Dan Malka Acquire Multifamily Property In Koreatown For $1.47M
SOLDMultiFamily

Yohann Bensimon & Dan Malka Acquire Multifamily Property In Koreatown For $1.47M

2826 Leeward Avenue, Los Angeles, CA, USA

$1,470,000

$270/SF

Building Size

5,444 SF

Asset Type

MultiFamily

Closing

Jun 9, 2020

AI

A multifamily property located at 2826 Leeward Ave in Koreatown has recently been sold for a price of $1,470,000. This property consists of 4 units, with each unit being sold at an average price of $367,500. The total square footage of the property is 5,444, making the price per square foot $270.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,470,000
  • Units: 4
  • Price per Unit: $367,500
  • Square Footage: 5,444
  • Price per Square Foot: $270
  • Address: 2826 Leeward Ave, Koreatown

The sale of this multifamily property was facilitated by Yohann Bensimon and Dan Malka, representing Ikon Capital Advisors. Yohann Bensimon (@YBensimon88) and Dan Malka (@Danmalka_Re) were the brokers involved in this transaction.

Players

Dan Malka

Keller Williams Realty

Broker

$35.2M

vol

9 deals

Broker

Los Angeles 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

10.79%

Cash-on-Cash

-3.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93