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Dilanian Advisors Acquires Multifamily Property In East Hollywood For $1.125M

Property Image
SOLD
$1,125,000

California

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MultiFamily6,162 SF
Sold 06/21/2019
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Property Image
SOLD

Dilanian Advisors Acquires Multifamily Property In East Hollywood For $1.125M

4653 La Mirada Ave, Central LA, Los Angeles, CA, USA & 4653 La Mirada Ave, Central LA, Los Angeles, CA, USA

See Similar Deals
MultiFamily6,162 SF
Sold 06/21/2019
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$182
Total Square Footage:6,162 SF
Transaction Type:Sale

The multifamily property located at 4653 La Mirada Ave in East Hollywood was sold on June 21, 2019. The transaction was facilitated by Eric Dilanian of Dilanian Advisors. The property spans 3,081 square feet and was sold for a total price of $1,125,000, resulting in a price per square foot of $365.14.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $1,125,000
  • Address: 4653 La Mirada Ave
  • Market: East Hollywood

Eric Dilanian of Dilanian Advisors played a key role as the broker in this sale transaction.

Players

Eric Dilanian
Re/Max
Eric Dilanian
6 deals$11.8M volume
BROKER

Details

SOLD
IMAGE: Eric Dilanian DATE: 06/21/2019 ADDRESS: 4653 La Mirada Ave MARKET: East Hollywood ASSET TYPE: Multifamily BROKERS: Eric Dilanian - Dilanian Advisors PRICE: $1,125,000 SF: 3,081 ~ PPSF: $365.14

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,996.89
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