Updated Dec 21, 2023
Pacific Partners LA Acquires Multifamily Property In Inglewood With Zac Freehling & Mike Matthias
632 West Hillsdale Street, Inglewood, CA 90302, USA
$1,230,000
$393/SF
Building Size
3,123 SF
Asset Type
MultiFamily
Closing
Jun 25, 2020
About this deal
AI
A multifamily property located at 632 W Hillsdale St in Inglewood has been sold. The property, consisting of 6 units, was sold on 06/25/2021 for a total price of $1,230,000. This equates to a price per unit (PPU) of $205,000. The total square footage of the property is 3,123, resulting in a price per square foot (PPSF) of $394.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,230,000
- Units: 6
- Price per Unit (PPU): $205,000
- Square Footage: 3,123
- Price per Square Foot (PPSF): $394
- Market: Inglewood
The sale of this multifamily property was facilitated by Zac Freehling and Mike Matthias of PacificPartnersLA. They represented the buyer and/or seller in this transaction.
Players
Inglewood 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
12.90%
Cash-on-Cash
-3.69%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93