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4202 Clayton Avenue

Bernard Poulin Acquires Multifamily Property On Clayton Ave. In Los Feliz For $1.385M
SOLDMultiFamily

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

Floyd Shaheen

Marcus & Millichap

Broker

$82M

vol

29 deals

Broker

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

11.45%

Cash-on-Cash

-3.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93