Updated Feb 18, 2025
4121 Monroe LLC Acquires Multifamily Property At 4121 Monroe St From Virgil Monroe LP For $2.9M
4121 Monroe St
$2,900,000
$1,280/SF
Building Size
2,265 SF
Asset Type
MultiFamily
Closing
Sep 30, 2022
About this deal
AI
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.
On the Map
$2,900,000
$1,280/SF
MultiFamily
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Players
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
5.47%
Cash-on-Cash
-1.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93