Natalie Gozini Of BH Equities Acquires Hyde Park Multifamily For $1.78M
6402 South Victoria Avenue, Park Mesa Heights, Los Angeles, CA, USA
$1,780,000
$219/SF
Building Size
8,093 SF
Asset Type
MultiFamily
Closing
Mar 29, 2021
AI
The multifamily property located at 6402 S. Victoria Avenue in Hyde Park has been sold for a total price of $1,780,000. The property consists of 10 units with an average price per unit of $178,000. The total square footage of the property is 8,093, resulting in a price per square foot of $220.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $1,780,000
- Address: 6402 S. Victoria Avenue
- Market: Hyde Park
- Buyer: Natalie Gozini - BH Equities
- Seller: Windsor Hills Villas
- Broker: Erika Mlachak - LAWestsideLiving
Natalie Gozini from BH Equities represented the buyer in the transaction, while Erika Mlachak from LAWestsideLiving acted as the broker. The successful sale of this multifamily property highlights the active real estate market in Hyde Park and the continued interest in investing in such assets.
Players
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
8.91%
Cash-on-Cash
-2.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93