Villalpando Family Trust Sells Atwater Village Multifamily For $699K
3529 Ferncroft Road, Atwater Village, Los Angeles, CA, USA
$699,000
$697/SF
Building Size
1,002 SF
Asset Type
MultiFamily
Closing
Jan 7, 2020
AI
The multifamily property located at 3529 Ferncroft Rd in Atwater Village was recently sold for $699,000. The property spans 1,002 square feet and consists of 2 units, resulting in a price per unit of $349,500. The sale took place on January 8, 2020. The seller in this transaction was the Villalpando Family Trust.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $699,000
- Square Footage: 1,002
- Price per Square Foot: $697.60
- Number of Units: 2
- Price per Unit: $349,500
- Market: Atwater Village
The brokers involved in this transaction were Ronie Ravan, Elizabeth Clark, and Sayeh Foroutan.
Players
Los Angeles MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
22.69%
Cash-on-Cash
-6.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93