Sun Kim Acquires Multifamily Property In Los Angeles For $2.7M
4350 Clarissa Avenue, Los Angeles, California 90027, United States
$2,695,000
$488/SF
Building Size
5,512 SF
Asset Type
MultiFamily
Closing
Oct 23, 2022
AI
This multifamily property located at 4350 Clarissa Ave in Los Angeles, CA has been sold. The transaction took place on October 24, 2022. The property consists of 7 units and spans across 5,512 square feet. The sale price for this property was $2,695,000, resulting in a price per unit of $385,000 and a price per square foot of $489.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,695,000
- Address: 4350 Clarissa Ave, Los Angeles, CA
- Market: Los Angeles, CA
- Buyer: Sun Kim
- Seller: Robin Adkins
- Broker: Rob Renshaw - Taksa Investment Group
The buyer of this property is Sun Kim, while Robin Adkins served as the seller. The deal was facilitated by Rob Renshaw from Taksa Investment Group.
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
5.89%
Cash-on-Cash
-1.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93