Updated Dec 18, 2023
Malaina Ajijolaiya Acquires Multifamily Property In Mid-City For $1.65M
4522 Saint Elmo Drive, Los Angeles, California 90019, United States
$1,650,000
$429/SF
Building Size
3,838 SF
Asset Type
MultiFamily
Closing
Jun 2, 2022
About this deal
AI
4522 St. Elmo Dr. in Mid-City has been sold for $1,650,000. The property is a multifamily asset with 4 units, resulting in a price per unit of $412,500. The total square footage is 3,838, which translates to a price per square foot of $429.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,650,000
- Units: 4
- Price per unit: $412,500
- Square Footage: 3,838
- Price per square foot: $429
The buyer of the property is Malaina Ajijolaiya and the seller is Kathryn Tran. The transaction was facilitated by Everett Wong from Greysteel.
On the Map
$1,650,000
$429/SF
MultiFamily
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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
9.61%
Cash-on-Cash
-2.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93