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820 S Osage Avenue, Inglewo...

Blake Wilson-Hayden Acquires MultiFamily Property In Inglewood For $2.45M
SOLDMultiFamily

Blake Wilson-Hayden Acquires MultiFamily Property In Inglewood For $2.45M

820 S Osage Avenue, Inglewood, Ca 90301

$2,450,000

$354/SF

Building Size

6,903 SF

Asset Type

MultiFamily

Closing

Feb 15, 2023

AI

The multi-family property located at 820 S Osage Avenue in Inglewood has been sold for $2,450,000. The property consists of 12 units, with an average price per unit of $204,167. The total square footage of the property is 6,903, with an average price per square foot of $355.

Summary of transaction details

  • Property Type: MultiFamily
  • Transaction Amount: $2,450,000
  • Units: 12
  • Price per Unit: $204,167
  • Square Footage: 6,903
  • Price per Square Foot: $355
  • Address: 820 S Osage Avenue, Inglewood

The buyer of the property is Blake Wilson-Hayden, while the seller is Maria Gonzalez. Jon Rawso from Avenue Realty Group represented the buyer, and Tyler Bradford from Convoy Capital acted as the mortgage broker in this transaction.

Players

Tyler Bradford

Broker

$180.5M

vol

9 deals

Broker

Blake Wilson-Hayden

Buyer

$7.1M

vol

2 deals

Buyer

Inglewood 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

6.47%

Cash-on-Cash

-1.85%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93