Updated Dec 21, 2023
Becky Eriksson & Laura Alice Of The LA Group Sell 18-Unit Multifamily In Baldwin Hills For $3M
4143 Palmwood Drive, Baldwin Hills, Los Angeles, CA, USA
$3,000,000
$254/SF
Building Size
11,804 SF
Asset Type
MultiFamily
Closing
Feb 4, 2021
About this deal
AI
The multifamily property located at 4143 Palmwood Drive in Baldwin Hills has been sold for a total price of $3,000,000. The property consists of 18 units, with a price per unit (PPU) of $166,666. The total square footage of the property is 11,804, resulting in a price per square foot (PPSF) of $254.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $3,000,000
- Units: 18
- Price per Unit (PPU): $166,666
- Total Square Footage (SF): 11,804
- Price per Square Foot (PPSF): $254
- Address: 4143 Palmwood Drive
- Market: Baldwin Hills
The sale of this multifamily property was facilitated by Becky Eriksson and Laura Alice, who represent The LA Group in the transaction.
On the Map
$3,000,000
$254/SF
MultiFamily
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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
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93