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3811 Exposition Boulevard

Urbanlime Real Estate Acquires Multifamily Property On Exposition Boulevard In Los Angeles For $3.2M
SOLDMultiFamily

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

Elizabeth Maddox

The 2-4 Unit Specialists

Broker

$80.4M

vol

26 deals

Broker

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