Debby Perkins & Mark Ehlers Of Strand Hill And Imperial Real Estate Acquire MultiFamily Property In Los Angeles For $1.7M
703 W 79th St Los Angeles, CA 90044, USA
$1,700,000
$467/SF
Building Size
3,634 SF
Asset Type
MultiFamily
Closing
Jul 25, 2023
AI
The multi-family property located at 703 West 79th Street in Los Angeles has been sold for $1,700,000. The property consists of 6 units, with a price per unit of $283,333. The total square footage of the property is 3,634, resulting in a price per square foot of $468.
Summary of transaction details
- Property Type: MultiFamily
- Sale Price: $1,700,000
- Units: 6
- Price per Unit: $283,333
- Square Footage: 3,634
- Price per Square Foot: $468
- Address: 703 West 79th Street
- Market: Los Angeles
The seller of the property is Sam Grayeli. Debby Perkins from Strand Hill and Mark Ehlers from Imperial Real Estate represented the buyer in this transaction.
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
9.33%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93