ROM Residential Acquires Multifamily Property In Los Angeles For $25.35M
5800 Harold Way
$25,350,000
$427/SF
Building Size
59,345 SF
Asset Type
MultiFamily
Closing
Mar 1, 2023
AI
The multifamily property located at 5800 Harold Way in Los Angeles has been sold in a closed transaction. The property consists of 56 units with a price per unit of $452,679. The total square footage of the property is 59,345, with a price per square foot of $427. The sale price of the property was $25,350,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $25,350,000
- Address: 5800 Harold Way, Los Angeles
- Market: Los Angeles
- Buyer: ROM Residential - Leeor Maciborski
- Seller: Tanner & White
- Broker: Blake Rogers - Walker & Dunlop
- Units: 56
- Price per Unit: $452,679
- Square Footage: 59,345
- Price per Square Foot: $427
The buyer of the property is ROM Residential, represented by Leeor Maciborski. The seller of the property is Tanner & White. The broker involved in the transaction is Blake Rogers from Walker & Dunlop.
Players
Market 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
0.63%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93