Urbanlime Real Estate Acquires Multifamily Property On Exposition Boulevard In Los Angeles For $3.2M
3811 Exposition Boulevard
$3,225,000
$574/SF
Building Size
5,610 SF
Asset Type
MultiFamily
Closing
Mar 14, 2023
AI
The multifamily property located at 3811 Exposition Boulevard in Los Angeles has been sold. The transaction took place on 03/14/2023, with a sale price of $3,225,000. The property consists of 4 units, resulting in a price per unit (PPU) of $806,250. The total square footage of the property is 5,610, making the price per square foot (PPSF) $575.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $3,225,000
- Units: 4
- PPU: $806,250
- Square Footage: 5,610
- PPSF: $575
Zoey Granott from URBANLIME Real Estate represented the buyer in this transaction. The seller's representatives were Elizabeth Maddox and Ian Maddox from The 2-4 Unit Specialists.
Players
Market 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
4.92%
Cash-on-Cash
-1.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93