Hooman L. Acquires Multifamily Property In Crenshaw For $2.26M
3475 West Slauson Avenue, Los Angeles, CA, USA
$2,260,000
$161/SF
Building Size
14,000 SF
Asset Type
MultiFamily
Closing
Dec 1, 2019
AI
A multifamily property located at 3475 Slauson Ave and 5752 Brynhurst Ave in the Crenshaw market has been sold for a total price of $2,260,000. The property spans across 14,000 square feet, with a price per square foot of $161.43. It consists of 63 units, resulting in a price per unit of $35,873.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,260,000
- Square Footage: 14,000
- Price Per Square Foot: $161.43
- Number of Units: 63
- Price Per Unit: $35,873
The buyer of this multifamily property is Hooman L. The sellers are Mark Zakarian and Jonathan Rocca. The broker involved in the deal is Sam Alishahi.
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
7.02%
Cash-on-Cash
-2.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93