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Casey Lins Facilitates $3.75M Multifamily Sale In Los Angeles
SOLD
$3,750,000
California
See Similar DealsMultiFamily10,885 SF
Sold 03/01/2024
SOLD
Casey Lins Facilitates $3.75M Multifamily Sale In Los Angeles
5110 West Washington Boulevard
See Similar DealsMultiFamily10,885 SF
Sold 03/01/2024
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$344
Total Square Footage:10,885 SF
Transaction Type:Sale
The multifamily property at 5110 West Washington Boulevard in Los Angeles, spanning 0.55 acres, was sold for $3.75 million. Casey Lins from Kidder Mathews facilitated the transaction for the property, which boasts 10,885 square feet at a price per square foot of $345.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $3,750,000
- Address: 5110 West Washington Boulevard
- Market: Los Angeles
- Square Footage: 10,885
- Price per Square Foot: $345
- Broker: Casey Lins - Kidder Mathews
The sale of the property at 5110 West Washington Boulevard was successfully overseen by Casey Lins from Kidder Mathews, showcasing their expertise in facilitating such transactions.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$199,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$13,322.96
Cash-on-Cash Return-1.27%
Monthly Debt Service$17,776.91
Annual Debt Service$213,322.96
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