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Charyl Polk-Jackson Sells Multifamily Property In Los Angeles For $1.6M

Property Image
SOLD
$1,600,000

California

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MultiFamily5,321 SF
Sold 04/08/2024
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Property Image
SOLD

Charyl Polk-Jackson Sells Multifamily Property In Los Angeles For $1.6M

3812 West Adams Boulevard

See Similar Deals
MultiFamily5,321 SF
Sold 04/08/2024
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$300
Total Square Footage:5,321 SF
Transaction Type:Sale

The multifamily property located at 3812 West Adams Boulevard in Los Angeles was sold for $1,600,000. The asset comprises 8 units with a price per unit of $200,000, spanning 5,321 square feet at a price per square foot of $301.

Summary of transation details:

  • Property Type: Multifamily
  • Transaction Amount: $1,600,000
  • Units: 8
  • Price Per Unit: $200,000
  • Square Footage: 5,321
  • Price Per Square Foot: $301
  • Address: 3812 West Adams Boulevard
  • Market: Los Angeles
  • Seller: Charyl Polk-Jackson
  • Brokers: Andrew Leff & Mark Cianciulli - The CREM Group

Andrew Leff and Mark Cianciulli from The CREM Group represented the seller in this transaction.

Players

Andrew Leff
27 deals$100.9M volume
BROKER

Mark Cianciulli
The CREM Group
5 deals$11.7M volume(323) 208-9512
BROKER

Details

SOLD
IMAGE: Andrew Leff & Mark Cianciulli DATE: 04/08/2024 ADDRESS: 3812 West Adams Boulevard MARKET: Los Angeles ASSET TYPE: Multifamily SELLER: Charyl Polk-Jackson BROKERS: Andrew Leff & Mark Cianciulli (@Mark_cremgroup) - The CREM Group (@TheCREMGroup) SALE PRICE: $1,600,000 UNITS: 8 ~ PPU: $200,000 SF: 5,321 ~ PPSF: $301

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Debt Service Coverage Ratio (DSCR)

0.94x

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Cash Flow (Annual)-$5,684.48
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