Daniel Dunkelman Acquires Multifamily Property In Los Angeles For $6.15M
442 South Lake Street
$6,150,000
$284/SF
Building Size
21,654 SF
Asset Type
MultiFamily
Closing
Oct 18, 2022
AI
The multifamily property located at 442 S Lake Street in Los Angeles, CA has been sold in a closed transaction. The property comprises 15 units with a total square footage of 21,654. The sale price for this transaction was $6,150,000, equating to a per unit price of $410,000. The price per square foot is $284.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $6,150,000
- Units: 15
- Price Per Unit: $410,000
- Square Footage: 21,654
- Price Per Square Foot: $284
- Address: 442 S Lake Street, Los Angeles, CA
The buyer for this transaction is Daniel Dunkelman, and the seller is Steve Miller. The deal was facilitated by Taylor Avakian from Matthews Real Estate Investment Services.
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
2.58%
Cash-on-Cash
-0.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93