Neel Pujara Sells Multifamily Property At 413 South Myers Street In Oceanside For $2.44M
413 South Myers Street
$2,440,000
$819/SF
Building Size
2,976 SF
Asset Type
MultiFamily
Closing
Apr 1, 2025
AI
The multifamily property located at 413 South Myers Street in Oceanside was sold for a total of $2,440,000. This asset consists of 6 units, with a price per unit of $406,666. The total square footage of the property is 2,976, resulting in a price per square foot of $819.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $2,440,000
- Units: 6
- Price Per Unit: $406,666
- Square Feet: 2,976
- Price Per Square Foot: $819
- Seller: Neel Pujara
- Broker: Angelo La Bruna - Apartment Realty Group (ARG)
- Date of Sale: 4/1/2025
Neel Pujara is identified as the seller of the property, while Angelo La Bruna from Apartment Realty Group (ARG) acted as the broker representing the seller during this transaction.
Oceanside 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
6.50%
Cash-on-Cash
-1.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93