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812 North Ridgewood Place

Wonnie Kim Purchases Multifamily Property At 812 North Ridgewood Place For $1.2 Million
SOLDMultiFamily

Wonnie Kim Purchases Multifamily Property At 812 North Ridgewood Place For $1.2 Million

812 North Ridgewood Place

$1,200,000

$468/SF

Building Size

2,560 SF

Asset Type

MultiFamily

Closing

May 16, 2025

AI

The property asset involved in this transaction is a multifamily unit located at 812 North Ridgewood Place, Los Angeles. The sale price for this property was $1,200,000, comprising a total of 4 units. It has a total square footage of 2,560, resulting in a price per unit of $300,000 and a price per square foot of $468.

Summary of transaction details:

The transaction was facilitated by the brokerage team of Zac Freehling, Tyler Farrar, and Anthony Amezquita representing the interests of the buyer and seller during the sale. The sale took place on May 16, 2025, indicating a finalized agreement reached within that timeframe.

Players

Zac Freehling

Pacific Partners Real Estate Investments

Broker

$237.5M

vol

61 deals

Broker
Wonnie Kim

Wonnie Kim

Buyer

$4.7M

vol

2 deals

Buyer

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

13.22%

Cash-on-Cash

-3.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93