Foothill Village 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 , 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