Updated Sep 9, 2024
JML Real Estate Group Acquires Multifamily Property In Los Angeles For $1.385M
4732 Lomita Street, Los Angeles, CA, USA
$1,385,000
$211/SF
Building Size
6,550 SF
Asset Type
MultiFamily
Closing
Apr 1, 2018
About this deal
AI
A multifamily property located at 4732 Lomita Street, Los Angeles, has been sold for $1,385,000. The property spans 6,550 square feet with a price per square foot of $211. It consists of 8 units.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,385,000
- Address: 4732 Lomita Street
- City: Los Angeles
- Square Footage: 6,550 SF
- Price per Square Foot: $211
- Number of Units: 8
Jared Levine and Hirsch Sherman, representing JML Real Estate Group, facilitated the sale of the property.
Players
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
11.45%
Cash-on-Cash
-3.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93