Updated Dec 20, 2023
Jordan Asheghian Acquires Multifamily Property On La Mirada Ave In Hollywood For $6.2M
6536 La Mirada Avenue, Los Angeles, CA 90038
$6,200,000
$369/SF
Building Size
16,800 SF
Asset Type
MultiFamily
Closing
Feb 21, 2019
About this deal
AI
Jordan Asheghian of Jordan Asheghian Real Estate represented the buyer in the off-market sale of a multifamily property in Hollywood. Located at 6536 La Mirada Ave, the property was sold for $6.2 million, with a total square footage of 16,800. The price per square foot was $369. The transaction was non-contingent and closed within 21 days.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $6.2 million
- Square Footage: 16,800
- Price per Square Foot: $369
The buyer's representative, Jordan Asheghian, facilitated the transaction. The sale was conducted off-market and was non-contingent, resulting in a quick close within 21 days.
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
2.56%
Cash-on-Cash
-0.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93