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
$1,125,000
$182/SF
Building Size
6,162 SF
Asset Type
MultiFamily
Closing
Jun 20, 2019
AI
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
Los Angeles MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.10%
Cash-on-Cash
-4.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93