Updated Dec 20, 2023
Neema Ahadian Acquires Multifamily Property In Baldwin Hills/Crenshaw For $7.975M
4122 Santa Rosalia Drive, Crenshaw, Los Angeles, CA, USA
$7,975,000
$205/SF
Building Size
38,790 SF
Asset Type
MultiFamily
Closing
Dec 2, 2019
About this deal
AI
A multifamily property located at 4122 Santa Rosalia Drive and 4064 Abourne Road in Baldwin Hills/Crenshaw has been sold for a price of $7,975,000. The property spans 38,790 square feet and consists of 40 units, resulting in a price per square foot of $205.59. The purchase price per unit was $199,375.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $7,975,000
- Address: 4122 Santa Rosalia Drive, 4064 Abourne Road
- Market: Baldwin Hills/Crenshaw
- Square Footage: 38,790
- Price per Square Foot: $205.59
- Number of Units: 40
- Price per Unit: $199,375
The sale of this multifamily property was facilitated by Neema Ahadian, a broker representing the transaction.
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
1.99%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93