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Becky Eriksson & Laura Alice Of The LA Group Sell 18-Unit Multifamily In Baldwin Hills For $3M

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SOLD
$3,000,000

California

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MultiFamily11,804 SF
Sold 02/05/2021
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SOLD

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

See Similar Deals
MultiFamily11,804 SF
Sold 02/05/2021
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$254
Total Square Footage:11,804 SF
Transaction Type:Sale

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.

Players

Becky Eriksson
1 deal$3M volume
BROKER

Laura Alice Scaturro
10 deals$33.4M volume(424) 404-9993
BROKER

Details

SOLD
IMAGE: Becky Eriksson & Laura Alice DATE: 02/05/2021 ADDRESS: 4143 Palmwood Drive MARKET: Baldwin Hills ASSET TYPE: Multifamily BROKERS: Becky Eriksson & Laura Alice - The LA Group SALE PRICE: $3,000,000 UNITS: 18 ~ PPU: $166,666 SF: 11,804 ~ PPSF: $254

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$160,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$10,658.36
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,221.53
Annual Debt Service$170,658.37