Updated Dec 20, 2023
Filip Niculete, Glen Scher & Oron Maher Sell West LA Multifamily For $3.6M
461 Midvale Ave, West LA, Los Angeles, CA, USA
$3,600,000
$631/SF
Building Size
5,698 SF
Asset Type
MultiFamily
Closing
Mar 7, 2021
About this deal
AI
A multifamily property located at 461 Midvale Ave in West LA was recently sold. The property has a total square footage of 5,698 and was sold at a price of $3,600,000, resulting in a price per square foot of $631. The transaction took place on 03/08/2021.
Summary of transaction details
- Property Type: Multifamily
- Sale Price: $3,600,000
- Square Footage: 5,698
- Address: 461 Midvale Ave
- Market: West LA
The sale of this multifamily property on Midvale Ave was facilitated by brokers Filip Niculete, Glen Scher, and Oron Maher. They represented the parties involved in the transaction.
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
4.41%
Cash-on-Cash
-1.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93