Romit & Jharna Gulati Acquire Multifamily Property On West 152nd Street For $915,000
4712 West 152nd Street
$915,000
$568/SF
Building Size
1,609 SF
Asset Type
MultiFamily
Closing
Dec 18, 2025
AI
The property asset involved in this transaction is a multifamily home located at 4712 West 152nd Street in Lawndale. The sale price for the property was $915,000, with a total of 2 units. The square footage of the asset is 1,609, resulting in a price per unit of $457,500 and a price per square foot of $568.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $915,000
- Buyer: Romit & Jharna Gulati - JRCS Consulting
- Seller: Randy Fortunato
- Seller's Representative: Cameron Samimi & Christopher Bald - Lyon Stahl Investment Real Estate
- Units: 2
- Square Footage: 1,609
- Price Per Unit: $457,500
- Price Per Square Foot: $568
- Date of Transaction: 12/18/2025
The deal was facilitated by Cameron Samimi and Christopher Bald, who represented the seller, Randy Fortunato, in this transaction. Their role as the seller's representatives was pivotal in navigating the process of the property sale, ensuring that the needs and interests of the seller were adequately represented throughout the transaction.
Players
Lawndale 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
17.34%
Cash-on-Cash
-4.95%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93