Updated Sep 9, 2024
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
About this deal
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.
On the Map
$2,260,000
$161/SF
MultiFamily
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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