Andre Bueno Acquires Multifamily Property In Baldwin Village For $4.3M
SOLD
$4,275,000
California
See Similar DealsMultiFamily15,536 SF
Sold 11/09/2021
SOLD
Andre Bueno Acquires Multifamily Property In Baldwin Village For $4.3M
4808 August Street, Los Angeles, CA, USA
See Similar DealsMultiFamily15,536 SF
Sold 11/09/2021
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$275
Total Square Footage:15,536 SF
Transaction Type:Sale
The multifamily property located at 4808-4816 August Street in Baldwin Village has been sold in a closed transaction. The sale took place on 11/09/2021 with a sale price of $4,275,000. The property spans a total of 15,536 square feet, resulting in a price per unit (PPU) of $267,187.
Summary of transaction details
- Property Type: Multifamily
- Sale Price: $4,275,000
- Square Footage: 15,536
- Price Per Unit: $267,187
- Address: 4808-4816 August Street
- Market: Baldwin Village
The buyer of this property is Andre Bueno, while the seller is Marc Douglas. The deal was facilitated by the brokers Neema Ahadian and Ben Lee from Marcus & Millichap.
Players
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$228,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$15,188.17
Cash-on-Cash Return-1.27%
Monthly Debt Service$20,265.68
Annual Debt Service$243,188.17
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