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4647 West 18th Street

Coin Ark Properties Buys Multifamily At 4647 West 18th Street Los Angeles For $3.25M
SOLDMultiFamily

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.

Players

Barbara Isabel

Keller Williams Realty

Broker

$5.9M

vol

2 deals

Broker

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