Gil Saraf Purchases MultiFamily Property At 4900 St. Elmo Dr In Los Angeles For $1.125M
SOLD
$1,125,000
California
See Similar DealsMultiFamily
Sold 07/03/2023
SOLD
Gil Saraf Purchases MultiFamily Property At 4900 St. Elmo Dr In Los Angeles For $1.125M
4900 St. Elmo Dr
See Similar DealsMultiFamily
Sold 07/03/2023
Summary
CALIFORNIA
Asset Type:MultiFamily
Transaction Type:Sale
The property involved in this transaction is a MultiFamily asset located at 4900 St. Elmo Dr in the Los Angeles market. It was sold for $1,125,000.00.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $1,125,000.00
- Sale Date: 07/03/2023
- Address: 4900 St. Elmo Dr
- Market: Los Angeles
- Buyer: Gil Saraf
- Broker: Chandler Rockwell - The Rockwell Group
In this transaction, Gil Saraf acted as the buyer, while the representation for the deal was provided by Chandler Rockwell from The Rockwell Group, who facilitated the process on behalf of the buyer.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$60,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,996.89
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,333.07
Annual Debt Service$63,996.89
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