La Apartment Advisors Facilitates Sale Of Palms Multifamily Property On S Halm Ave For $1.425M
3146 South Halm Avenue, Los Angeles, CA 90034, USA
$1,425,000
$310/SF
Building Size
4,592 SF
Asset Type
MultiFamily
Closing
Nov 25, 2019
AI
A multifamily property located at 3146 S Halm Ave in Palms was recently sold for $1,425,000. The property spans 4,592 square feet and consists of 5 units, resulting in a price per square foot of $310.32. The sale price per unit was $285,000.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,425,000
- Address: 3146 S Halm Ave
- Market: Palms
- Square Footage: 4,592
- Price per Square Foot: $310.32
- Number of Units: 5
- Price per Unit: $285,000
The sale was facilitated by brokers Filip Niculete, Jordan Epstein, Josh Hill, and Glen Scher.
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
11.13%
Cash-on-Cash
-3.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93