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
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.
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
9.61%
Cash-on-Cash
-2.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93