Andre Bueno Acquires Multifamily Property In Baldwin Village For $4.3M
4808 August Street, Los Angeles, CA, USA
$4,275,000
$275/SF
Building Size
15,536 SF
Asset Type
MultiFamily
Closing
Nov 9, 2021
AI
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
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
3.71%
Cash-on-Cash
-1.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93