Mike Polard & Frederic Polard sell Multifamily Property In Los Angeles For $3.15M
4234 Degnan Boulevard, Los Angeles, California 90008, United States
$3,155,000
$240/SF
Building Size
13,095 SF
Asset Type
MultiFamily
Closing
Jun 16, 2022
AI
A multifamily property located at 4234 Degnan Blvd. in Los Angeles has been sold for a price of $3,155,000. The property consists of 15 units with an average price per unit of $210,333. The total square footage of the property is 13,095, resulting in a price per square foot of $240.
Summary of Transaction Details
- Property Type: Multifamily
- Transaction Amount: $3,155,000
- Units: 15
- Price per Unit: $210,333
- Square Footage: 13,095
- Price per Square Foot: $240
- Address: 4234 Degnan Blvd., Los Angeles
- Market: Los Angeles
The seller is Mike Polard & Frederic Polard. The transaction was facilitated by Laura Alice from Eve Capital.
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
5.03%
Cash-on-Cash
-1.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93