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4121 Monroe St

4121 Monroe LLC Acquires Multifamily Property At 4121 Monroe St From Virgil Monroe LP For $2.9M
SOLDMultiFamily

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

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:

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

Dario Svidler

Partners CRE

Broker

$200M

vol

31 deals

Broker
4L
4121 MONROE LLCBuyer
VL
VIRGIL MONROE LPSeller

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