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322 South Swall Drive

Vinny Jain Represents Mark Carson In $2.8M Multifamily Sale, Los Angeles
SOLDMultiFamily

Vinny Jain Represents Mark Carson In $2.8M Multifamily Sale, Los Angeles

322 South Swall Drive

$2,825,000

$412/SF

Building Size

6,850 SF

Asset Type

MultiFamily

Closing

Jun 14, 2024

AI

The property at 322 South Swall Drive in Los Angeles was sold for $2,825,000. The multifamily asset consists of 5 units with a total square footage of 6,850. The price per unit was $565,000, and the price per square foot was $412.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,825,000
  • Address: 322 South Swall Drive
  • Market: Los Angeles
  • Seller: Mark Carson
  • Broker: Vinny Jain - Ingenious Asset Group

Vinny Jain from Ingenious Asset Group represented the seller, Mark Carson, in the transaction of the multifamily property. The deal was finalized on June 14, 2024.

Players

Vinny Jain

Ingenious Asset Group

Broker

$51.4M

vol

15 deals

Broker

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

5.62%

Cash-on-Cash

-1.60%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93