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5110 West Washington Boulevard

Casey Lins Facilitates $3.75M Multifamily Sale In Los Angeles
SOLDMultiFamily

Casey Lins Facilitates $3.75M Multifamily Sale In Los Angeles

5110 West Washington Boulevard

$3,750,000

$344/SF

Building Size

10,885 SF

Asset Type

MultiFamily

Closing

Mar 1, 2024

AI

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.

Players

Casey Lins

Kidder Mathews

Broker

$14.4M

vol

5 deals

Broker

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

4.23%

Cash-on-Cash

-1.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93