facebook

traded

+ Submit
Home

/

Deals

/

California

/

Multifamily

/

Sale

/

2835 Hyans Street, Los Ange...

David Base & Cynthia Base Acquire Multifamily Property In Los Angeles For $1.1M
SOLDMultiFamily

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

Joshua Shoumer

Broker

$1.9M

vol

2 deals

Broker

Los Angeles MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

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