Brad Gilboe And Stevie Marie Mersola Of EXP Realty Represent Buyer In $2.43M Los Angeles Multifamily Sale
$2,430,000
$700/SF
Building Size
3,471 SF
Asset Type
MultiFamily
Closing
Jul 19, 2024
AI
A multifamily property located at 6112 Temple Hill Drive in the Los Angeles market has been sold for $2,430,000. The building has a total of 4 units and encompasses 3,471 square feet, leading to a price per unit of $607,500 and a price per square foot of $700.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $2,430,000
- Units: 4
- Square Footage: 3,471
- Price Per Unit: $607,500
- Price Per Square Foot: $700
- Buyer's Representative: Brad Gilboe & Stevie Marie Mersola - EXP Realty
- Seller's Representative: Richard Wilkinson - Compass
The transaction featured the representation of the buyers by Brad Gilboe and Stevie Marie Mersola from EXP Realty, highlighting their role in securing the deal. Richard Wilkinson from Compass represented the seller in this significant transaction within the real estate market of the Hollywood Hills neighborhood.
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
6.53%
Cash-on-Cash
-1.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93