Paul Ling Purchases Multifamily Property At 3763 South Bentley Avenue For $3.7M With Chase Simonton & Robert Carlile
SOLD
California
See Similar DealsMultiFamily13,798 SF
Sold 10/16/2025
SOLD
Paul Ling Purchases Multifamily Property At 3763 South Bentley Avenue For $3.7M With Chase Simonton & Robert Carlile
3763 South Bentley Avenue
See Similar DealsMultiFamily13,798 SF
Sold 10/16/2025
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$268
Total Square Footage:13,798 SF
Transaction Type:Sale
The transaction involved a multifamily property located at 3763 South Bentley Avenue in the Los Angeles market. The sale price was recorded at $3,700,000, and the property comprises 13,798 square feet. It consists of 12 units, with a price per unit of $308,333 and a price per square foot of $268.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,700,000
- Address: 3763 South Bentley Avenue
- Market: Los Angeles
- Square Footage: 13,798
- Units: 12
- Price Per Unit: $308,333
- Price Per Square Foot: $268
- Buyer: Paul Ling
- Seller: Michael & Melanie Woloz
- Buyer's Representative: Chase Simonton & Robert Carlile - Re/Max
The deal was characterized by a smooth transaction with no delays in closing, reflecting the effectiveness of the parties involved in the process.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$197,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$13,145.33
Cash-on-Cash Return-1.27%
Monthly Debt Service$17,539.89
Annual Debt Service$210,478.65
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