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432 West Regent Street, Ing...

Tzvi Ferszt Acquires Multifamily Property On Regent St. In Inglewood For $3.25M
SOLDMultiFamily

Tzvi Ferszt Acquires Multifamily Property On Regent St. In Inglewood For $3.25M

432 West Regent Street, Inglewood, CA, USA

$3,250,000

$301/SF

Building Size

10,774 SF

Asset Type

MultiFamily

Closing

Nov 1, 2021

AI

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.

Players

Laura Alice Scaturro

Broker

$33.4M

vol

10 deals

Broker

Tzvi Ferszt

Buyer

$14.1M

vol

2 deals

Buyer

Inglewood 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

4.88%

Cash-on-Cash

-1.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93