Updated Dec 20, 2023
The Mogharebi Group Acquires Multifamily Property In Eagle Rock, Los Angeles For $5.9M
4910 North Maywood Avenue, Los Angeles, California 90041, United States
$5,900,000
Units
13
Asset Type
MultiFamily
Closing
Sep 8, 2022
About this deal
AI
The multifamily property located at 4910-4918 North Maywood Ave in Eagle Rock, Los Angeles, CA has been sold for a total price of $5,900,000. The transaction took place on 09/09/2022 and was facilitated by brokers Otto Ozen and Nazli Santana of The Mogharebi Group (TMG). The property consists of 13 units, with a per unit price of $453,846.
Summary of Transation Details
- Property Type: Multifamily
- Transaction Amount: $5,900,000
- Address: 4910-4918 North Maywood Ave, Eagle Rock, Los Angeles, CA
- Brokers: Otto Ozen & Nazli Santana - The Mogharebi Group (TMG)
- Date: 09/09/2022
- Units: 13
- Price Per Unit: $453,846
The sale of this multifamily property showcases the expertise of brokers Otto Ozen and Nazli Santana from The Mogharebi Group (TMG). Their involvement in the transaction highlights their ability to successfully navigate and negotiate deals in the real estate market.
Players
Los Angeles 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
2.69%
Cash-on-Cash
-0.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93