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:
- Property Type: Multifamily
- Transaction Amount: $1,200,000
- Units: 4
- Address: 812 North Ridgewood Place
- Market: Los Angeles
- Square Footage: 2,560
- Price Per Unit: $300,000
- Price Per Square Foot: $468
- Buyer: Wonnie Kim
- Seller: Olivia Macasero & Dolly Acuna
- Brokers: Zac Freehling, Tyler Farrar & Anthony Amezquita - Pacific Partners Real Estate Investments - Keller Williams Beverly Hills
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
Los Angeles MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
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