Christian Stayner Acquires Multifamily Property On Melrose Ave From Ami Zigner For $1.42M
4362 Melrose Ave
$1,420,000
$346/SF
Building Size
4,098 SF
Asset Type
MultiFamily
Closing
Jan 27, 2022
AI
The property involved in this transaction is a multifamily asset located at 4362 Melrose Ave in the Los Angeles market. The sale price of the property was $1,420,000.00 with a total square footage of 4,098.0.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $1,420,000.00
- Address: 4362 Melrose Ave
- Market: Los Angeles
- Square Footage: 4098.0
- Buyer: CHRISTIAN STAYNER
- Seller: Ami Zigner
- Brokers: Chase Simonton (Re/Max), Robert Carlile (Re/Max), Nicole Kilmer
The key individuals in this transaction include buyer Christian Stayner and seller Ami Zigner. The deal was represented by brokers Chase Simonton and Robert Carlile from Re/Max, along with Nicole Kilmer.
Players
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
11.17%
Cash-on-Cash
-3.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93