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4234 Degnan Boulevard, Los ...

Mike Polard & Frederic Polard sell Multifamily Property In Los Angeles For $3.15M
SOLDMultiFamily

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

Laura Alice Scaturro

Broker

$33.4M

vol

10 deals

Broker

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