Lorena Alvarado & Israel Mentz Acquire Multifamily Property On Bowcroft St For $1.24M
5737 Bowcroft Street, Los Angeles, CA, USA
$1,245,000
$368/SF
Building Size
3,382 SF
Asset Type
MultiFamily
Closing
Sep 10, 2019
AI
A multifamily property located at 5737 Bowcroft St was recently sold for a price of $1,245,000. The property spans 3,382 square feet, resulting in a price per square foot of $368. The transaction took place on September 11, 2019, with Lorena Alvarado representing Compass and Israel Mentz representing Prime Realty Group as the brokers involved in the deal.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,245,000
- Address: 5737 Bowcroft St
- Square Footage: 3,382
- Price per Square Foot: $368
Lorena Alvarado, from Compass, and Israel Mentz, from Prime Realty Group, played crucial roles as the brokers in the transaction.
Players
Los Angeles MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.74%
Cash-on-Cash
-3.64%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93