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315 S Hamel Rd, Los Angeles...

Updated Oct 29, 2024

Bentley Place LLC Acquires 315 S. Hamel Rd For $293,181 PPU
SOLDMultiFamily

Bentley Place LLC Acquires 315 S. Hamel Rd For $293,181 PPU

315 S Hamel Rd, Los Angeles, CA, USA

Building Size

6,000 SF

Asset Type

MultiFamily

Closing

Jul 26, 2018

About this deal

AI

A property located at 315 S. Hamel Rd was recently sold in a transaction that took place on 7/27/2018. The property, captured in an image by Michael Monempour, was acquired by Bentley Place LLC from the seller, Susan Oman Belsky. The purchase price per square foot (PPSF) for this transaction was $537, resulting in a total purchase price of $293,181. The capitalization rate (CAP) for this property is 3.6%, while the gross rent multiplier (GRM) stands at 17.4.

Summary of transaction details

  • Property Type: N/A
  • Transaction Amount: N/A
  • Image: Michael Monempour
  • Date: 7/27/2018
  • Address: 315 S. Hamel Rd
  • PPSF: $537
  • PPU: $293,181
  • CAP: 3.6%
  • GRM: 17.4

This transaction was facilitated by Michael Monempour from the Charles Dunn Company, who represented both the buyer, Bentley Place LLC, and the seller, Susan Oman Belsky.

Players

Michael Monempour

Lyon Stahl Investment Real Estate

Broker

$375.9M

vol

85 deals

Broker
Kidder Mathews
Kidder MathewsBrokerage

Susan Oman Belsky

Seller

$5M

vol

3 deals

Seller

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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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