Coin Ark Properties Buys Multifamily At 4647 West 18th Street Los Angeles For $3.25M
4647 West 18th Street
$3,250,000
$448/SF
Building Size
7,250 SF
Asset Type
MultiFamily
Closing
Aug 13, 2024
AI
The property involved in this transaction is a multifamily asset located at 4647 West 18th Street in the Los Angeles market. The sale price for this asset was $3,250,000, and it encompasses an area of 7,250 square feet, translating to a price per square foot of approximately $448.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $3,250,000
- Address: 4647 West 18th Street
- Market: Los Angeles
- Square Footage: 7,250
- Price Per Square Foot: $448
- Buyer: Coin Ark Properties - Brandon Halavi
- Seller: 5 Star Discount Homes
- Broker: Barbara Isabel - Keller Williams Beverly Hills
The key individuals involved in this transaction include the buyer, Coin Ark Properties, represented by Brandon Halavi. The seller of the property is 5 Star Discount Homes, and the transaction was facilitated by broker Barbara Isabel from Keller Williams Beverly Hills. Each party played a significant role in bringing this deal to completion on August 13, 2024.
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
4.88%
Cash-on-Cash
-1.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93