Zoey Granott Of Urbanlime Real Estate Represents Buyer In $3.3M Los Angeles Multifamily Sale
2851 South Victoria Avenue
$3,300,000
$534/SF
Building Size
6,177 SF
Asset Type
MultiFamily
Closing
May 6, 2024
AI
The multifamily property located at 2851 South Victoria Avenue in Los Angeles was sold for $3,300,000. Spanning 6,177 square feet, the property was purchased at a price per square foot of $534.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,300,000
- Address: 2851 South Victoria Avenue
- Market: Los Angeles
- Buyer: Zoey Granott - Urbanlime Real Estate
- Seller: Elizabeth Maddox & Ian Maddox - The 2-4 Unit Specialists
Urbanlime Real Estate, led by Zoey Granott, represented the buyer in the transaction. The 2-4 Unit Specialists, represented by Elizabeth Maddox and Ian Maddox, supported the deal. The collaboration of these individuals and companies facilitated the successful sale of the multifamily property in Los Angeles.
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
4.81%
Cash-on-Cash
-1.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93