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807 West 43rd Street, Los A...

Justino L. Fa'aola, Oscar A. Diaz, And Rick E. Raymundo Arrange Sale Of Multifamily Property On W 43rd St For $1.81M
SOLDMultiFamily

Justino L. Fa'aola, Oscar A. Diaz, And Rick E. Raymundo Arrange Sale Of Multifamily Property On W 43rd St For $1.81M

807 West 43rd Street, Los Angeles, CA 90037, USA

$1,815,000

$214/SF

Building Size

8,464 SF

Asset Type

MultiFamily

Closing

Dec 31, 2019

AI

A multifamily property located at 807 W 43rd St was recently sold for $1,815,000. The property consists of 8,464 square feet and has 8 units. The price per square foot was $214.44, and the price per unit was $226,875.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $1,815,000
  • Address: 807 W 43rd St
  • Size: 8,464 square feet
  • Number of Units: 8
  • Price per Square Foot: $214.44
  • Price per Unit: $226,875

The sale of this multifamily property was facilitated by Justino L. Fa'aola, Oscar A. Diaz, and Rick E. Raymundo from LACMultifamily.

Players

Oscar Diaz

Broker

$13.8M

vol

5 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

8.74%

Cash-on-Cash

-2.50%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93