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408 North Sierra Bonita Ave...

Schlom Givol Acquires Multifamily Property For $1.825M On Sierra Bonita Ave, Los Angeles
SOLDMultiFamily

Schlom Givol Acquires Multifamily Property For $1.825M On Sierra Bonita Ave, Los Angeles

408 North Sierra Bonita Avenue, Los Angeles, California 90036, United States

$1,825,000

$471/SF

Building Size

3,870 SF

Asset Type

MultiFamily

Closing

Sep 25, 2022

AI

The multifamily property located at 408 N Sierra Bonita Ave in Los Angeles, CA has been sold for $1,825,000. The property consists of 5 units, with a price per unit of $365,000. The total square footage of the property is 3,870, with a price per square foot of $472.

Summary of transaction details:

  • Property Type: Multifamily
  • Sale Price: $1,825,000
  • Units: 5
  • Price Per Unit: $365,000
  • Square Footage: 3,870
  • Price Per Square Foot: $472

The buyer of the property is Schlom Givol, and the seller is Elijah Rosenberg. The transaction was facilitated by Jake Plewa from Remax Commercial.

Players

Jake Plewa

Re/Max

Broker

$78.8M

vol

17 deals

Broker

Elijah Rosenberg

Seller

$17.2M

vol

5 deals

Seller

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

8.69%

Cash-on-Cash

-2.48%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93