Updated Oct 29, 2024
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
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