Updated Dec 21, 2023
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.
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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