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5800 Harold Way

ROM Residential Acquires Multifamily Property In Los Angeles For $25.35M
SOLDMultiFamily

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

Blake Rogers

JLL

Broker

$2B

vol

22 deals

Broker

Leeor Maciborski

ROM Residential

Buyer

$45.8M

vol

3 deals

Buyer

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