Foothill Village LP Acquires Multifamily Property In Los Angeles For $3.35M
4647 Pickford Street
$3,350,000
$478/SF
Building Size
7,007 SF
Asset Type
MultiFamily
Closing
Feb 16, 2023
AI
The multifamily property located at 4647 Pickford Street in Los Angeles has been sold in a recent transaction. The property consists of four units and spans across 7,007 square feet. The sale price for this property was $3,350,000, resulting in a price per unit of $837,500 and a price per square foot of $478.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,350,000
- Units: 4
- Price per Unit: $837,500
- Square Footage: 7,007
- Price per Square Foot: $478
- Address: 4647 Pickford Street, Los Angeles
The buyer in this transaction is Foothill Village Property, LP, while the seller is Zenna Lim. Representing the buyer is Zoey Granott from URBANLIME Real Estate, and representing the seller are Elizabeth Maddox and Ian Maddox from The 2-4 Unit Specialists.
Players
Market 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
4.74%
Cash-on-Cash
-1.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93