Updated Dec 21, 2023
Jonathan Taksa & Tony Azzi Sell Multifamily Property On Willaman Drive, Los Angeles For $5.475M
330 South Willaman Drive, Los Angeles, CA, USA
$5,475,000
$453/SF
Building Size
12,070 SF
Asset Type
MultiFamily
Closing
Apr 22, 2021
About this deal
AI
The multifamily property located at 330 S. Willaman Drive in Los Angeles has been sold. The transaction took place on 04/23/2021. The property spans 12,070 square feet and has a sale price of $5,475,000, resulting in a price per square foot of $453. The asking price for the property was $6,050,000. The sale was facilitated by brokers Jonathan Taksa and Tony Azzi.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $5,475,000
- Address: 330 S. Willaman Drive, Los Angeles
- Market: Los Angeles
- Asking Price: $6,050,000
- Square Footage: 12,070
- Price per Square Foot: $453
- Brokers: Jonathan Taksa & Tony Azzi
The sale of the multifamily property at 330 S. Willaman Drive in Los Angeles represents a successful transaction in the real estate market. The brokers involved in the deal, Jonathan Taksa and Tony Azzi, played a crucial role in facilitating the sale.
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
2.90%
Cash-on-Cash
-0.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93