Ayoob Dooply Acquires Multifamily Property In Culver City For $2.282M From Seller Reza Iranpour
3822 Bentley Avenue
$2,282,000
$634/SF
Building Size
3,598 SF
Asset Type
MultiFamily
Closing
Oct 20, 2023
AI
The multifamily property located at 3822 Bentley Avenue in Culver City has been sold. The property consists of four units with a total square footage of 3,598. The asking price for the property was $2,400,000, and it was sold for $2,282,000, resulting in a per unit price of $570,500. The price per square foot was $634.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,282,000
- Units: 4
- Square Footage: 3,598
- Address: 3822 Bentley Avenue, Culver City
- Market: Culver City
The buyer of the property is Ayoob Dooply, while Reza Iranpour is the seller. The broker involved in the deal is Jake Plewa from Remax. They facilitated the transaction, ensuring a successful sale of the property.
Players
Culver City 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
6.95%
Cash-on-Cash
-1.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93