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Natalie Gozini Of BH Equities Acquires Hyde Park Multifamily For $1.78M

Property Image
SOLD
$1,780,000

California

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MultiFamily8,093 SF
Sold 03/30/2021
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Property Image
SOLD

Natalie Gozini Of BH Equities Acquires Hyde Park Multifamily For $1.78M

6402 South Victoria Avenue, Park Mesa Heights, Los Angeles, CA, USA

See Similar Deals
MultiFamily8,093 SF
Sold 03/30/2021
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Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$219
Total Square Footage:8,093 SF
Transaction Type:Sale

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

1 deal$1.8M volume
BROKER

BUYER

Details

SOLD
IMAGE: Erika Mlachak & @NatalieGozini DATE: 03/30/2021 ADDRESS: 6402 S. Victoria Avenue MARKET: Hyde Park ASSET TYPE: Multifamily BUYER: Natalie Gozini @NatalieGozini - BH Equities SELLER: Windsor Hills Villas BROKER: Erika Mlachak @LAWestsideLiving SALE PRICE: $1,780,000 UNITS: 10 ~ PPU: $178,000 SF: 8,093 ~ PPSF: $220

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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,323.98
Cash-on-Cash Return-1.27%
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