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Sale · MultiFamily

Updated Dec 4, 2024

HACLA Acquires Multifamily Property In Los Angeles For $25.8M
SOLDMultiFamily

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

About this deal

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.

Players

Hooman Emanuel

Keller Williams Realty

Broker

$147.4M

vol

9 deals

Broker
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Market MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $693 per square foot on a published $25.8M for 37,290 square feet (2024).

Visit Hooman Emanuel to view all their deals.

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

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