Tzvi Ferszt Acquires Multifamily Property On Regent St. In Inglewood For $3.25M
SOLD
$3,250,000
California
See Similar DealsMultiFamily10,774 SF
Sold 11/02/2021
SOLD
Tzvi Ferszt Acquires Multifamily Property On Regent St. In Inglewood For $3.25M
432 West Regent Street, Inglewood, CA, USA
See Similar DealsMultiFamily10,774 SF
Sold 11/02/2021
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$301
Total Square Footage:10,774 SF
Transaction Type:Sale
A multifamily property located at 428-432 Regent St. in Inglewood has been sold for $3,250,000. The property, spanning 10,774 square feet, was purchased by Tzvi Ferszt from seller Terry Holt. The transaction was facilitated by broker Laura Alice Scaturro from Eve Capital. The property is situated in the Inglewood market.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,250,000
Laura Alice Scaturro, representing Eve Capital, played a crucial role in finalizing the deal between buyer Tzvi Ferszt and seller Terry Holt. The sale of the multifamily property at 428-432 Regent St. in Inglewood marks a significant transaction in the market.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$173,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,546.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,406.66
Annual Debt Service$184,879.90
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