Yohann Bensimon & Dan Malka Of Ikon Capital Advisors Sell Silverlake Multifamily For $1.4M
SOLD
$1,400,000
California
See Similar DealsMultiFamily1,880 SF
Sold 06/22/2020
SOLD
Yohann Bensimon & Dan Malka Of Ikon Capital Advisors Sell Silverlake Multifamily For $1.4M
706 Tularosa Drive, Silver Lake, Los Angeles, CA, USA
See Similar DealsMultiFamily1,880 SF
Sold 06/22/2020
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$744
Total Square Footage:1,880 SF
Transaction Type:Sale
The multifamily property located at 706 Tularosa Dr. in Silverlake has recently been sold for $1,400,000. The property features a total square footage of 1,880, resulting in a price per square foot of $745.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,400,000
- Date: 06/22/2021
- Address: 706 Tularosa Dr.
- Market: Silverlake
The sale of this multifamily property was facilitated by Yohann Bensimon and Dan Malka from Ikon Capital Advisors.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$74,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,973.91
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,636.71
Annual Debt Service$79,640.57
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