David Base & Cynthia Base Acquire Multifamily Property In Los Angeles For $1.1M
2835 Hyans Street, Los Angeles, CA 90026
$1,100,000
$500/SF
Building Size
2,200 SF
Asset Type
MultiFamily
Closing
Aug 5, 2020
AI
The multifamily property located at 2835 Hyans Street in Los Angeles has been sold for a price of $1,100,000. The property spans across 2,200 square feet, with a price per square foot of $500. The transaction took place on 08/05/2021.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,100,000
- Address: 2835 Hyans Street
- Market: Los Angeles
- Square Footage: 2,200
The buyer of the property is David Base & Cynthia Base, and the seller is Josh Shoumer. Thomas Hilal represented the buyer, David Base & Cynthia Base, while Joshua Shoumer acted as the seller's representative.
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
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93