Updated Jan 23, 2025
Steven Cucci Purchases MultiFamily Property From Mark Colman In Los Angeles For $2.3M
325 Witmer St
$2,300,000
Building Size
—
Asset Type
MultiFamily
Closing
Jul 6, 2022
About this deal
AI
The property at 325 Witmer St, located in the Los Angeles market, is categorized as a MultiFamily asset. It was transacted for a total amount of $2,300,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $2,300,000.00
- Address: 325 Witmer St
- Market: Los Angeles
- Buyer: Steven Cucci
- Seller: Mark Colman
- Broker: Taylor Avakian, Lyon Stahl Investment Real Estate
This transaction was facilitated by broker Taylor Avakian, who represents Lyon Stahl Investment Real Estate in the deal.
The multifamily sale at 325 Witmer St in Los Angeles, California sold for $2.3M in 2022. 325 Witmer St is classified as Multifamily on Traded. Taylor Avakian, Mark Colman, Lyon Stahl Investment Real Estate appear on the sale alongside Lyon Stahl Investment Real Estate. This page is the Los Angeles, California file for the 325 Witmer St multifamily sold: pricing, party profiles, and other closed multifamily comps from the same Los Angeles sit in the Market section below. Filter that Los Angeles multifamily set by closing date to see what else sold near 325 Witmer St around 2022. Published consideration for 325 Witmer St is $2.3M, dated 2022. Cite this Steven Cucci Purchases MultiFamily Property From Mark Colman In Los Angeles For $2.3M sale when underwriting similar multifamily product around Los Angeles, California.
On the Map
$2,300,000
MultiFamily
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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
6.90%
Cash-on-Cash
-1.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93