Updated Dec 20, 2023
Brian Dror Acquires Multifamily Property In Miracle Mile For $2.68M
331 S Detroit St, Miracle Mile, Los Angeles, CA, USA
$2,680,000
$401/SF
Building Size
6,669 SF
Asset Type
MultiFamily
Closing
Nov 2, 2021
About this deal
AI
Located in Miracle Mile, 331 S. Detroit is a multifamily property that recently changed hands in a closed transaction. The property consists of 4 units, offering a total of 6,669 square feet of space. The sale price for this asset was $2,680,000, reflecting a price per unit of $670,000 and a price per square foot of $401.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,680,000
- Address: 331 S. Detroit
- Market: Miracle Mile
The buyer of this property is Brian Dror, while the seller is Amir Haber. The deal was facilitated by Sam Liberow, a broker representing the interested parties involved in the transaction.
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Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.92%
Cash-on-Cash
-1.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93