Gary Eckwortzel Purchases Multifamily Property From Wanda Mendoza For $1.176M With Representatives Jacqueline Carroll & John Swartz
4196 5th Avenue
$1,176,000
$201/SF
Building Size
5,844 SF
Asset Type
MultiFamily
Closing
Nov 17, 2025
AI
The transaction involves a multifamily asset located at 4196 5th Avenue in Los Angeles, which encompasses 6 units. The property was sold for a total price of $1,176,000, with a price per unit of $196,000. The building has an overall square footage of 5,844, resulting in a price per square foot of $201.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,176,000
- Buyer: Gary Eckwortzel
- Seller: Wanda Mendoza
- Seller's Representative: Jacqueline Carroll & John Swartz - Compass
- Units: 6
- Square Footage: 5,844
- Price per Unit: $196,000
- Price per Square Foot: $201
In this transaction, Gary Eckwortzel acquired the property from Wanda Mendoza, with Jacqueline Carroll and John Swartz of Compass acting as the representatives for the seller. This deal reflects notable collaboration between the involved parties, showcasing the engagement of experienced professionals within the real estate market.
Players
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
13.49%
Cash-on-Cash
-3.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93