facebook

traded

+ Submit
Home

/

Deals

/

California

/

Multifamily

/

Sale

/

4127 Eagle Rock Boulevard, ...

Jolie Hong Acquires 12-Unit Multifamily In Los Angeles For $2.6M
SOLDMultiFamily

Jolie Hong Acquires 12-Unit Multifamily In Los Angeles For $2.6M

4127 Eagle Rock Boulevard, Los Angeles, CA 90065, USA

$2,635,000

$349/SF

Building Size

7,539 SF

Asset Type

MultiFamily

Closing

Oct 25, 2021

AI

Located at 4127 Eagle Rock Boulevard in Los Angeles, the multifamily property was recently sold for $2,635,000. The sale transaction took place on October 25, 2021. The property consists of 12 units, with a price per unit of $219,583. It spans a total area of 7,539 square feet, resulting in a price per square foot of $349.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $2,635,000
  • Units: 12
  • Price per Unit: $219,583
  • Square Footage: 7,539
  • Price per Square Foot: $349
  • Market: Los Angeles

The buyer of the property is Jolie Hong, while the sellers are Jolene Caughey, Donna Wray, and John Wray. The deal was facilitated by brokers Eric Chen and Joyce Goldstein from CBRE, along with Greg Cox from REMAX COMMERCIAL.

Players

Eric Chen

CBRE

Broker

$886.6M

vol

108 deals

Broker

Los Angeles MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.02%

Cash-on-Cash

-1.72%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93