4121 Monroe LLC Acquires Multifamily Property At 4121 Monroe St From Virgil Monroe LP For $2.9M
SOLD
California
See Similar DealsMultiFamily2,265 SF
Sold 09/30/2022
SOLD
4121 Monroe LLC Acquires Multifamily Property At 4121 Monroe St From Virgil Monroe LP For $2.9M
4121 Monroe St
See Similar DealsMultiFamily2,265 SF
Sold 09/30/2022
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$1,280
Total Square Footage:2,265 SF
Lot Square Footage:9307 SF
Transaction Type:Sale
The property asset involved in this transaction is a MultiFamily residence located at 4121 Monroe St, Los Angeles. The sale price was $2,900,000.00, with a total square footage of 2,265.0.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $2,900,000.00
- Address: 4121 Monroe St
- Market: Los Angeles
- Buyer: 4121 MONROE LLC
- Seller: VIRGIL MONROE LP
- Broker Representatives: Jordan Rubinstein - Century Park Realty, Dario Svidler - Partners CRE
This transaction involved multiple parties with Jordan Rubinstein representing the buyer, 4121 MONROE LLC, and Dario Svidler representing the seller, VIRGIL MONROE LP. Their involvement signifies the collaborative nature required in facilitating this property sale.
Players
Details
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
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$154,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$10,303.08
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,747.48
Annual Debt Service$164,969.75
Is there something missing? Send suggestions
