Justino L. Fa'aola, Oscar A. Diaz, And Rick E. Raymundo Arrange Sale Of Multifamily Property On W 43rd St For $1.81M
SOLD
$1,815,000
California
See Similar DealsMultiFamily8,464 SF
Sold 01/01/2020
SOLD
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
See Similar DealsMultiFamily8,464 SF
Sold 01/01/2020
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$214
Total Square Footage:8,464 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$96,799.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,448.32
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,604.03
Annual Debt Service$103,248.31
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