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5737 Bowcroft Street, Los A...

Lorena Alvarado & Israel Mentz Acquire Multifamily Property On Bowcroft St For $1.24M
SOLDMultiFamily

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

Israel Mentz

Broker

$2.5M

vol

2 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

12.74%

Cash-on-Cash

-3.64%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93