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413 South Myers Street

Neel Pujara Sells Multifamily Property At 413 South Myers Street In Oceanside For $2.44M
SOLDMultiFamily

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.

Players

Angelo La Bruna

Apartment Realty Group (ARG)

Broker

$88.6M

vol

14 deals

Broker

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