Updated Dec 19, 2023
Sylvia Kan Acquires Hollypark Multifamily For $2.9M
2901 W 141St Place, Gardena, CA 90249
$2,900,000
$333/SF
Building Size
8,705 SF
Asset Type
MultiFamily
Closing
Aug 31, 2021
About this deal
AI
Located in Hollypark, the multifamily property at 2901 & 2927 W. 141st was recently sold in a closed transaction. The sale, which took place on August 31, 2021, had a sale price of $2,900,000. The property consists of 9 units, with a price per unit of $322,222. The total square footage of the property is 8,705, resulting in a price per square foot of $333.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,900,000
- Units: 9
- Price per Unit: $322,222
- Square Footage: 8,705
- Price per Square Foot: $333
Sylvia Kan was the buyer in this transaction, while Oron Maher represented the seller.
Gardena 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
5.47%
Cash-on-Cash
-1.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93