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811 Kodak Drive

John Boyett Of CBRE Represents Seller In $3M Multifamily Sale At 811 Kodak Drive Los Angeles
SOLDMultiFamily

John Boyett Of CBRE Represents Seller In $3M Multifamily Sale At 811 Kodak Drive Los Angeles

811 Kodak Drive

$3,000,000

$470/SF

Building Size

6,373 SF

Asset Type

MultiFamily

Closing

Nov 15, 2024

AI

The property asset involved in this transaction is a multifamily building located at 811 Kodak Drive in the Los Angeles market. The sale price of the asset was $3,000,000, comprising 14 units. The total square footage of the property is 6,373, resulting in a price per unit of $214,285 and a price per square foot of $470.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $3,000,000
  • Units: 14
  • Square Footage: 6,373
  • Price Per Unit: $214,285
  • Price Per Square Foot: $470
  • Date of Sale: 11/15/2024
  • Broker: John Boyett - CBRE

The deal was represented by John Boyett from CBRE, underscoring the involvement of a significant broker in facilitating this transaction. The representation indicates a professional service ensuring the sale process was handled efficiently and effectively in the competitive Los Angeles multifamily market.

Players

John Boyett

CBRE

Broker

$190.7M

vol

32 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

5.29%

Cash-on-Cash

-1.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93