Malaina Ajijolaiya Acquires Multifamily Property In Mid-City For $1.65M
SOLD
$1,650,000
California
See Similar DealsMultiFamily3,838 SF
Sold
SOLD
Malaina Ajijolaiya Acquires Multifamily Property In Mid-City For $1.65M
4522 Saint Elmo Drive, Los Angeles, California 90019, United States
See Similar DealsMultiFamily3,838 SF
Sold
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$429
Total Square Footage:3838 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$88,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,862.09
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,821.84
Annual Debt Service$93,862.10
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