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6112 Temple Hill Drive

Brad Gilboe And Stevie Marie Mersola Of EXP Realty Represent Buyer In $2.43M Los Angeles Multifamily Sale
SOLDMultiFamily

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

Richard Wilkinson

Compass

Broker

$4.2M

vol

2 deals

Broker

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