Updated Dec 21, 2023
Fariba Cohanim Acquires Multifamily Property In Fairfax District For $2.19M
336 North Stanley Avenue, Los Angeles, California 90036, United States
$2,190,000
$496/SF
Building Size
4,408 SF
Asset Type
MultiFamily
Closing
Mar 16, 2022
About this deal
AI
A multifamily property located at 336 N. Stanley Ave. in the Fairfax District has been sold for a price of $2,190,000. The property consists of four units, with a price per unit of $547,500. The total square footage of the property is 4,408, resulting in a price per square foot of $497.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,190,000
- Address: 336 N. Stanley Ave.
- Market: Fairfax District
- Buyer: Fariba Cohanim
- Seller: Laura Wolkowitz
- Buyer's Representative: Sandra Monteon - Compass
- Seller's Representative: Sam Liberow (The Liberow Group) - Marcus & Millichap
The buyer, Fariba Cohanim, was represented by Sandra Monteon from Compass, while the seller, Laura Wolkowitz, was represented by Sam Liberow from The Liberow Group at Marcus & Millichap.
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
7.24%
Cash-on-Cash
-2.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93