facebook
Traded Co logo
Submit
Daily limit: 0/10

Kay Kyung Park & Deboura Emanuel Sell Multifamily Asset In Los Angeles For $2.85M

Property Image
SOLD
$2,850,000
Hooman Emanuel

California

See Similar Deals
MultiFamily5,216 SF
Sold 06/21/2024
the dealplayerscompscontact
Property Image
SOLD

Kay Kyung Park & Deboura Emanuel Sell Multifamily Asset In Los Angeles For $2.85M

6511 Orange Street

See Similar Deals
MultiFamily5,216 SF
Sold 06/21/2024
Hooman Emanuel
Contact now

Summary

CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$546
Total Square Footage:5,216 SF
Transaction Type:Sale

6511 Orange Street in Beverly Grove, Los Angeles, has been sold for $2,850,000. The property is a well-appointed fourplex with updated units and potential for additional dwelling units (ADUs). Situated near upscale shopping, dining, and amenities, this property offers a prime location for investment, promising increased rental income and property value growth.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,850,000
  • Address: 6511 Orange Street
  • Market: Los Angeles
  • Units: 4
  • Price Per Unit: $712,500
  • Square Footage: 5,216
  • Price Per Square Foot: $546

Kay Kyung Park of Dream Realty & Investments Inc represented the buyer in the transaction, while the seller was represented by Deboura Emanuel & Hooman Emanuel of Keller WilliamsStudio City. The deal on 6511 Orange Street highlights the collaboration between these experienced real estate professionals, showcasing their expertise in facilitating successful property transactions.

Players

Hooman Emanuel
9 deals$147.4M volume(818) 335-0923
BROKER

Deboura Emanuel
Keller Williams Realty
2 deals$7.2M volume
BROKER

Details

SOLD
IMAGE: Kay Kyung Park, Deboura Emanuel & Hooman Emanuel DATE: 06/21/2024 ADDRESS: 6511 Orange Street MARKET: Los Angeles ASSET TYPE: Multifamily BUYER'S REP: Kay Kyung Park - Dream Realty & Investments Inc SELLER'S REP: Deboura Emanuel & Hooman Emanuel (@HoomanEmanuel) (@EregLosAngeles) - Keller Williams Studio City (@KWStudioCity) SALE PRICE: $2,850,000 UNITS: 4 ~ PPU: $712,500 SF: 5,216 ~ PPSF: $546 NOTE: 6511 Orange Street in Beverly Grove, Los Angeles, has been sold for $2,850,000. The transaction was facilitated with Kay Kyung Park of Dream Realty & Investments Inc representing the buyer, and Deboura Emanuel & Hooman Emanuel of Keller Williams Studio City representing the seller. The property, a well-appointed fourplex with updated units and potential for additional dwelling units (ADUs), offers a prime location near upscale shopping, dining, and amenities, presenting a lucrative opportunity for increased rental income and property value growth.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$151,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$10,125.45
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,510.45
Annual Debt Service$162,125.45