HACLA Acquires Multifamily Property In Los Angeles For $25.8M
$25,848,000
$693/SF
Building Size
37,290 SF
Asset Type
MultiFamily
Closing
May 16, 2024
AI
The multifamily property located at 4818 Sepulveda Blvd in Los Angeles was recently sold for $25,848,000. This property consists of 36 units with a price per unit of $718,000, spanning across 37,290 square feet at a price per square foot of $693.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $25,848,000
- Units: 36
- Price Per Unit: $718,000
- Square Footage: 37,290
- Price Per Square Foot: $693
- Address: 4818 Sepulveda Blvd
- Market: Los Angeles
- Buyer: HACLA
- Broker: Hooman Emanuel - Keller Williams, Debbie E.
The transaction was facilitated by Hooman Emanuel of Keller Williamsand Debbie E. on behalf of the buyer, HACLA. HACLA now adds the multifamily property to its real estate portfolio in Los Angeles.
Market 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
0.61%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93