Updated Aug 17, 2026
Andrew Riad Acquires Multifamily Property On 3922 W 28th Street, Los Angeles For $1.075M
3922 West 28th Street, Los Angeles, California 90018, United States
$1,075,000
$445/SF
Building Size
2,416 SF
Asset Type
MultiFamily
Closing
Mar 30, 2022
About this deal
AI
Located at 3922 W 28th Street in Los Angeles, this multifamily property recently sold for a sale price of $1,075,000. The property consists of 3 units, with a price per unit of $358,333. The total square footage of the property is 2,416, resulting in a price per square foot of $444.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,075,000
- Units: 3
- Price per Unit: $358,333
- Square Footage: 2,416
- Price per Square Foot: $444
The buyer of the property is Andrew Riad, while the seller is Bernardo Perez. The transaction was facilitated by broker Vic Arutyunyan from Sync Brokerage.
On the Map
$1,075,000
$445/SF
MultiFamily
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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
14.76%
Cash-on-Cash
-4.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93