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743 North Occidental Boulevard

Scott Tamkin Of Compass Represents Buyer In $2.715M Sale Of Los Angeles Multifamily Property
SOLDMultiFamily

Scott Tamkin Of Compass Represents Buyer In $2.715M Sale Of Los Angeles Multifamily Property

743 North Occidental Boulevard

$2,715,000

$669/SF

Building Size

4,058 SF

Asset Type

MultiFamily

Closing

Aug 27, 2024

AI

The 5-unit apartment building located at 743 North Occidental Boulevard in Los Angeles was sold for $2,715,000. The property spans 4,058 square feet, resulting in a price per unit of $543,000 and a price per square foot of $669. The asset is classified as a multifamily type and is situated in the Silverlake neighborhood.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $2,715,000
  • Number of Units: 5
  • Square Footage: 4,058
  • Price Per Unit: $543,000
  • Price Per Square Foot: $669
  • Buyer's Representative: Scott Tamkin - Compass
  • Seller's Representative: Adam Zunder - Iconic Investments

Scott Tamkin represented the buyer in this transaction, while Adam Zunder represented the seller, both facilitating the deal in their respective roles within the real estate market of Los Angeles.

Players

Adam Zunder

Broker

$33.9M

vol

8 deals

Broker

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

5.84%

Cash-on-Cash

-1.67%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93