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434 East Adams Boulevard

Mosa Lavi & Farhad Fouladian Acquire Multifamily In Los Angeles For $1M
SOLDMultiFamily

Mosa Lavi & Farhad Fouladian Acquire Multifamily In Los Angeles For $1M

434 East Adams Boulevard

$1,000,000

$178/SF

Building Size

5,608 SF

Asset Type

MultiFamily

Closing

May 9, 2024

AI

The multifamily property located at 434 East Adams Boulevard in Los Angeles was sold for $1,000,000. The property consists of 5 units spanning 5,608 square feet, resulting in a price per unit of $200,000 and a price per square foot of $178.

Summary of transaction details:

The sale of this multifamily property was facilitated by the buyer, Mosa Lavi & Farhad Fouladian, and represented by Aaron Es-haghian, Sevak Keshishian & Shara Parseghian from Marcus & Millichap. The transaction highlights the active involvement of key individuals and companies in the real estate market of Los Angeles.

Players

Sevak Keshishian

Marcus & Millichap

Broker

$77.8M

vol

16 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

15.86%

Cash-on-Cash

-4.53%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93