Herbert Hakimianpour Acquires Multifamily Property In Los Angeles For $2.6M
SOLD
California
See Similar DealsMultiFamily7,884 SF
Sold
SOLD
Herbert Hakimianpour Acquires Multifamily Property In Los Angeles For $2.6M
8153 Blackburn Avenue
See Similar DealsMultiFamily7,884 SF
Sold
Summary
CALIFORNIA
Asset Type:MultiFamily
Price Per Square Foot:$329
Total Square Footage:7,884 SF
Transaction Type:Sale
The multifamily property located at 8153 Blackburn Avenue in Los Angeles has been sold for $2,600,000. The property consists of 6 units, with a price per unit of $433,333. The total square footage of the property is 7,884, with a price per square foot of $330.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,600,000
- Units: 6
- Price Per Unit: $433,333
- Square Footage: 7,884
- Price Per Square Foot: $330
- Address: 8153 Blackburn Avenue
- Market: Los Angeles
The buyer of the property is Herbert Hakimianpour, while the seller is Arlene Seltzer. The transaction was facilitated by Marcus & Millichap, with Richard Ringer and Yana Vlady serving as the brokers representing both parties.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$138,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,237.24
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,325.33
Annual Debt Service$147,903.92
Is there something missing? Send suggestions
