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
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.
Players
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
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93