facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

California

/

Multifamily

/

Sale

/

300 E Washington Blvd

DSM Washington LLC Acquires Multifamily Asset From Sola Impact Fund II For $3.25M In Los Angeles
SOLDMultiFamily

DSM Washington LLC Acquires Multifamily Asset From Sola Impact Fund II For $3.25M In Los Angeles

300 E Washington Blvd

$3,250,000

$193/SF

Building Size

16,777 SF

Asset Type

MultiFamily

Closing

Aug 6, 2024

AI

The asset involved in this transaction is a MultiFamily property located at 300 E Washington Blvd in the Los Angeles market. The property was sold for a total of $3,250,000.00 and encompasses a square footage of 16,777.0.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $3,250,000.00
  • Address: 300 E Washington Blvd
  • Market: Los Angeles
  • Square Footage: 16,777.0
  • Buyer: DSM Washington LLC
  • Seller: Sola Impact Fund II, LP
  • Broker: Brandon Evans - Lyon Stahl Investment Real Estate

Brandon Evans represented the buyer, DSM Washington LLC, in this transaction while also facilitating the sale on behalf of the seller, Sola Impact Fund II, LP. This deal reflects the cooperation between the involved parties and their representatives in the completion of the transaction.

Players

Brandon Evans

Lyon Stahl Investment Real Estate

Broker

$57.1M

vol

18 deals

Broker
DL
DSM Washington LLCBuyer
SL
Sola Impact Fund II, LPSeller

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

4.88%

Cash-on-Cash

-1.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93