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5619 York Boulevard

Koji Steve Sakai, Marcia Suzuki, Bernard Miranda & Vanna Tran Acquire 4-Unit Multifamily In Los Angeles For $1.17M
SOLDMultiFamily

Koji Steve Sakai, Marcia Suzuki, Bernard Miranda & Vanna Tran Acquire 4-Unit Multifamily In Los Angeles For $1.17M

5619 York Boulevard

$1,172,500

$463/SF

Building Size

2,529 SF

Asset Type

MultiFamily

Closing

Jan 5, 2023

AI

The multifamily property located at 5619 York Boulevard in Los Angeles has been sold in a transaction that closed on January 5, 2023. The property consists of 4 units and spans a total square footage of 2,529. The sale price for this property was $1,172,500, resulting in a price per unit of $293,125 and a price per square foot of $464.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,172,500
  • Units: 4
  • Price per Unit: $293,125
  • Square Footage: 2,529
  • Price per Square Foot: $464

On the buyer's side, Koji Steve Sakai, Marcia Suzuki, Bernard Miranda, and Vanna Tran were involved in the transaction. The seller of the property was Elia E. Linares. Brigham Yen of MacVaugh & Co represented the buyer's interests, while Klyvia Iha, Martin Agnew, and Ryan Serling of Marcus & Millichap acted as the seller's representatives.

Players

Martin Agnew

Marcus & Millichap

Broker

$450M

vol

123 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

13.53%

Cash-on-Cash

-3.87%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93