facebook
Traded Co logo
Submit

Shlomo Lalezarian Acquires Multifamily Property In Baldwin Village For $1.575M

Property Image
SOLD
$1,575,000

California

See Similar Deals
MultiFamily7,570 SF
Sold 06/24/2020
the dealplayerscompscontact
Property Image
SOLD

Shlomo Lalezarian Acquires Multifamily Property In Baldwin Village For $1.575M

3920 Hillcrest Dr, Crenshaw, Los Angeles, CA, USA

See Similar Deals
MultiFamily7,570 SF
Sold 06/24/2020
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$208
Total Square Footage:7,570 SF
Transaction Type:Sale

Located at 3920 Hillcrest Dr. in Baldwin Village, this multifamily property was sold on June 24, 2021. The transaction was facilitated by Dana Coronado from KW Commercial.

Summary of transaction details:

  • Property Type: Multifamily
  • Sale Price: $1,575,000
  • Units: 8
  • Price per Unit: $196,875
  • Square Footage: 7,570
  • Price per Square Foot: $208
  • Gross Rent Multiplier (GRM): 15.17x
  • Capitalization Rate (CAP): 3.73%

The buyer of the property is Shlomo Lalezarian. Dana Coronado from KW Commercial represented the buyer in this transaction.

Players

Dana Coronado
10 deals$23M volume(310) 562-9630
BROKER

Details

SOLD
IMAGE: Dana Coronado DATE: 06/24/2021 ADDRESS: 3920 Hillcrest Dr. MARKET: Baldwin Village ASSET TYPE: Multifamily BUYER: Shlomo Lalezarian BROKER: Dana Coronado (@DanaCoronadoIncomePropertiesLA) - KW Commercial SALE PRICE: $1,575,000 UNITS: 8 ~ PPU: $196,875 SF: 7,570 ~ PPSF: $208 GRM: 15.17x CAP: 3.73%

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$84,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$5,595.64
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,466.30
Annual Debt Service$89,595.64