IREA Brokers Arrange $12.8M Multifamily Sale In Mar Vista
3815 McLaughlin Avenue, Los Angeles, CA 90066, USA
$12,800,000
$581/SF
Building Size
22,000 SF
Asset Type
MultiFamily
Closing
Nov 5, 2018
AI
Jonathan Krikorian, Clark Everitt, and William Everitt were the brokers involved in the sale of a multifamily property located at 3815 McLaughlin Ave in Mar Vista. The transaction took place on 11/06/2018 and the property was sold for $12,800,000. The property has a total square footage of 22,000, resulting in a price per square foot of $581.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $12,800,000
- Square Footage: 22,000
- Price Per Square Foot: $581
- Address: 3815 McLaughlin Ave
- Market: Mar Vista
- Brokers: Jonathan Krikorian, Clark Everitt, and William Everitt of IREA
This transaction involved the expertise of Jonathan Krikorian, Clark Everitt, and William Everitt from IREA. Their representation played a crucial role in the successful sale of the multifamily property in Mar Vista.
Players
Los Angeles 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
1.24%
Cash-on-Cash
-0.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93