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
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