facebook

traded

+ Submit
Home

/

Deals

/

California

/

Multifamily

/

Sale

/

4522 Saint Elmo Drive, Los ...

Malaina Ajijolaiya Acquires Multifamily Property In Mid-City For $1.65M
SOLDMultiFamily

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

Everett Wong

Greysteel

Broker

$37.9M

vol

14 deals

Broker

Los Angeles MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

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