Updated Oct 29, 2024
3512 La Clede LLC Acquires Atwater Village Multifamily For $1.686M
3512 La Clede Ave, Los Angeles, CA 90039, USA
$1,686,000
$33/SF
Building Size
49,980 SF
Asset Type
MultiFamily
Closing
Jun 8, 2020
About this deal
AI
Located in Atwater Village, the multifamily property at 3512 La Clede Avenue has been sold in a closed transaction. The property spans across 4,998 square feet and consists of 6 units. The sale price for this property was $1,686,000, resulting in a price per square foot of approximately $337.33. The buyer, 3512 La Clede LLC, acquired the property from the seller, Smith Trust.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,686,000
- Square Footage: 4,998
- Price per Square Foot: $337.33
- Number of Units: 6
- Price per Unit: $281,000
- Buyer: 3512 La Clede LLC
- Seller: Smith Trust
Representing Smith Trust in this transaction was Eric Dilanian from Dilanian Real Estate Advisors.
On the Map
$1,686,000
$33/SF
MultiFamily
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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
9.41%
Cash-on-Cash
-2.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93