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2933 W 8th St, Koreatown, L...

Updated Dec 21, 2023

Janet Neman & Angelica Gotzev Acquire Multifamily Property In Koreatown For $6,875,000
SOLDMultiFamily

Janet Neman & Angelica Gotzev Acquire Multifamily Property In Koreatown For $6,875,000

2933 W 8th St, Koreatown, Los Angeles, CA, USA

$6,875,000

$303/SF

Building Size

22,680 SF

Asset Type

MultiFamily

Closing

May 21, 2019

About this deal

AI

An multifamily property located at 2933 W 8th St in Koreatown has been sold for $6,875,000. The property has a total of 22,680 square feet and a price per square foot of $303.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $6,875,000
  • Address: 2933 W 8th St
  • Market: Koreatown
  • Square Footage: 22,680
  • Price per Square Foot: $303

The sale was facilitated by brokers Janet Neman and Angelica Gotzev.

The multifamily sale at 2933 W 8th St, Koreatown, Los Angeles, CA, USA in Los Angeles, California sold for $6.9M in 2019. The building is 22,680 square feet, implying about 303 per square foot on the published price. Janet Neman, Angelica Gotzev, Kidder Mathews appear on the sale alongside Kidder Mathews. This page is the Los Angeles, California file for the 2933 W 8th St, Koreatown, Los Angeles, CA, USA multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Los Angeles sit in the Market section below. Filter that Los Angeles multifamily set by closing date to see what else sold near 2933 W 8th St, Koreatown, Los Angeles, CA, USA around 2019. Published consideration for 2933 W 8th St, Koreatown, Los Angeles, CA, USA is $6.9M, dated 2019. Cite this Janet Neman & Angelica Gotzev Acquire Multifamily Property In Koreatown For $6,875,000 sale when underwriting similar multifamily product around Los Angeles, California.

Players

Janet Neman

Kidder Mathews

Broker

$511.2M

vol

29 deals

Broker

Los Angeles MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $303 per square foot on a published $6.9M for 22,680 square feet (2019).

Visit Janet Neman to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.31%

Cash-on-Cash

-0.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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