Bernard Poulin Acquires Multifamily Property On Clayton Ave. In Los Feliz For $1.385M
4202 Clayton Avenue
$1,385,000
$769/SF
Building Size
1,799 SF
Asset Type
MultiFamily
Closing
Jul 25, 2022
AI
The multifamily property located at 4202 Clayton Ave in Los Feliz has been sold in a recent transaction. The property consists of 2 units with a total square footage of 1,799. The sale price for the property was $1,385,000, resulting in a price per unit of $692,500 and a price per square foot of $769.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,385,000
- Units: 2
- Price per Unit: $692,500
- Square Footage: 1,799
- Price per Square Foot: $769
- Market: Los Feliz
The buyer in this transaction was Bernard Poulin, while the seller was Michael Glassick. The deal was facilitated by Andy C. Kawatra and Floyd Shaheen from Marcus & Millichap.
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
11.45%
Cash-on-Cash
-3.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93