Aaron Dahan Acquires 14-Unit Multifamily In Los Angeles For $5.4M
639 North Spaulding Avenue
$5,447,000
$590/SF
Building Size
9,220 SF
Asset Type
MultiFamily
Closing
Dec 14, 2022
AI
A multifamily property located at 639 North Spaulding Avenue in Los Angeles has been sold for a total price of $5,447,000. The property consists of 14 units with an average price per unit of $389,071. The total square footage of the property is 9,220, resulting in a price per square foot of $591.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $5,447,000
- Address: 639 North Spaulding Avenue, Los Angeles
- Market: Los Angeles
The buyer of the property is Aaron Dahan, while the seller is Elijah Rosenberg. The real estate broker involved in the transaction is Jake Plewa from Remax.
Los Angeles 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
2.91%
Cash-on-Cash
-0.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93